With oil and gas at multidecade highs, the company recognized a 139% year-over-year increase in segment-adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in the first quarter. You aren't imagining things: That cash in your wallet isn't going nearly as far as it used to. While some level of inflation is normal and healthy, too much of it can cause consumers and businesses to pass on discretionary purchases.