Archive | January, 2010

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$3.00 a Gallon Now, $4.00 When?

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11. January 2010

$3.00 a Gallon Now, $4.00 When?

01-11-10 by dugan   Why be obsessed with the price of gasoline? Easy. High energy prices, including prices at the pump, will slow and even reverse economic recovery. Every 10-cent a gallon increase in the price of a gallon of gas means another $1 billion  less for consumers to spend on anything else. As the [...]

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Oil’s at $82; Where’s the Sheriff?

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6. January 2010

Oil’s at $82; Where’s the Sheriff?

1-05-10 by dugan   Supplies of oil and fuel in the U.S. are up, and so is the price of oil–it has surged to $82 dollar a barrel, pushing gasoline over $3.00 a gallon in California. Wait, isn’t price supposed to go down as supplies rise? This kind of speculator-driven disconnection of energy prices from [...]

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