Posts Tagged ‘ gas prices ’

What Is America’s Economic Breaking Point?

Apr 30th, 2012 | By | Category: Economics, Featured, Oil
If there exists a single factor that can put enough pressure on the whole of the American economy and force it to crumble under its own weight, it's the price the average American pays for gas. Extreme up side gas price swings have preceded seven of the last eight American ...read more

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Posted in Economics, Featured, Oil | 4 comments


I Love Oil Speculators

Apr 23rd, 2012 | By | Category: Economics, Featured, Oil, Politics
White House polling must show how badly gas prices are hurting Obama's approval numbers. Badly enough that he's even trying to ease up on attacking Iran. Here's Obama on the campaign trail: "The problem is ... speculators and people make various bets, and they say, you know what, we think that ...read more

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Posted in Economics, Featured, Oil, Politics | 2 comments


Why Gas Prices Are Actually Falling

Feb 24th, 2012 | By | Category: Economics, Featured, Oil
In a world of rising gasoline prices, Forbes tells us that gasoline prices are not actually rising, and in fact are lower than ever. And they ain't lyin'! Writing for Forbes Louis Woodhill gets this seeming contradiction right. He views the price of gas not in terms of the depreciating monopoly money ...read more

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Posted in Economics, Featured, Oil | 11 comments


Gas Prices Don’t Move Much In Good Currencies

Aug 1st, 2011 | By | Category: Economics, Featured, Personal Investing, Precious Metals
Gas is still only $0.20 per gallon... [caption id="attachment_8999" align="aligncenter" width="503" caption="A gas station in Ashland, Oregon, May 2011"][/caption] ...If you pay with un-debased U.S. currency. One gas station in Ashland, Oregon, is accepting payment for gas in the old, un-debased version of the currency. The more prices change, the more they remain the ...read more

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Posted in Economics, Featured, Personal Investing, Precious Metals | 6 comments


“World Made by Hand” Book Review

Jul 14th, 2008 | By | Category: Oil
World Made by Hand, Part II One of the Last Outposts The premise of World Made by Hand, James Kunstler’s new book, is apocalyptic. For a variety of reasons related to Peak Oil and economic collapse, American civilization simply broke down. The wheels just fell off. The economy collapsed. Commerce broke down. ...read more

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