• Schedule for Week of May 15, 2022
• At 8:30 AM ET, The New York Fed Empire State manufacturing survey for May. The consensus is for a reading of 17.0, down from 24.6.
Oil prices were up over the last week with WTI futures at $111.19 per barrel and Brent at $112.21 per barrel. A year ago, WTI was at $66 and Brent was at $70 – so WTI oil prices are up 70% year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $4.46 per gallon. A year ago prices were at $3.02 per gallon, so gasoline prices are up $1.44 per gallon year-over-year.