Comments on: Gasoline prices, not again?

By: fuel tax | the rational post

fuel tax | the rational post — Fri, 12 Jun 2009 16:02:08 +0000

[...] interesting piece of analysis via TBP about rising gas prices crowding out retail and industrial consumption. The premise is sound but [...]

By: ICEBERGFINANZA VERSIONE ESTIVA! | NOTIZIE FINANZIARIE

ICEBERGFINANZA VERSIONE ESTIVA! | NOTIZIE FINANZIARIE — Fri, 12 Jun 2009 10:23:32 +0000

[...] per day with 42 gallons in each barrel, thus 378mm gallons per day and almost 140b per year. Ritholtz.com Altro che stimolo fiscale a sostegno dei consumi, servirà a sostenere l’aumento dei [...]

By: ipid

ipid — Thu, 11 Jun 2009 16:05:29 +0000

Having said that, unless we rethink the way we use our wealth, this world is doomed. al-Waleed bin Talal, however he came by his wealth is in a position to make a difference. Instead he chooses conspicuous self-consumption.
next shoe to drop real soon…hyperinflation..market tanking..sell now

one of my new favorite finance websites… http://bacn.me/7gy
Having said that, unless we rethink the way we use our wealth, this world is doomed. al-Waleed bin Talal, however he came by his wealth is in a position to make a difference. Instead he chooses conspicuous self-consumption.

By: dmlopr

dmlopr — Thu, 11 Jun 2009 05:45:29 +0000

But the states love the taxes from it, no?

By: Oil companies start the anti-Obama campaign « Stocks Go Up. Stocks Go Down.

Oil companies start the anti-Obama campaign « Stocks Go Up. Stocks Go Down. — Wed, 10 Jun 2009 22:31:23 +0000

[...] Comments There is absolutely no demand increase, no supply chain disruptions and no OPEC cut back. Take your guess on why gas prices are rising: This morning, AAA said the national average for unleaded gasoline rose to $2.63, the most since [...]

By: leftback

leftback — Wed, 10 Jun 2009 22:12:51 +0000

“I hear drill, drill drill again.”

LOL. Is there an echo in here or is it Larry Kudlow saying the same moronic things as last year?

By: deanscamaro

deanscamaro — Wed, 10 Jun 2009 18:50:18 +0000

It will take years and generations, but the petroleum industry/speculators will finally wean us off this dependency. The rest of the world has found you don’t need something the size of a bowling alley inside to drive around. We’re just spoiled.

By: Moss

Moss — Wed, 10 Jun 2009 18:25:43 +0000

@LB

Deva vu all over again. The whole thing is ridiculous. I hear drill, drill drill again.

By: leftback

leftback — Wed, 10 Jun 2009 17:30:01 +0000

The commodity spike is largely speculation – again. The cure for high prices is high prices. I expect we will see a decrease in demand before long and any modest rally in the $ will also curtail the price spike in commodities.

By: Brendan

Brendan — Wed, 10 Jun 2009 16:56:03 +0000

deanscamaro – hey, at least the lucky “dunderheads” who bought a diesel behemoth can use their used french fry oil to power their car… for two miles. I guess people will never learn. Haven’t bought gas in a month and the weekend car still has 3/4 of a tank. Was surprised the other day when my GF told me it went up so much. It’s nice being able to make my 7-mile-each-way commute on about $10 worth of electricity a month. Meanwhile GM releases the V-8 Camero instead of the Volt. ‘Nuf said…