Recession and revulsion at BP are doing what many thought not possible: getting Americans to use less gasoline per person per day. From Political Calculations: The chart to the right reveals what we found when we took the U.S. Energy Information Agency's figures for the average number of thousands of barrels of Finished Petroleum Products … Continue reading Doing With Less Oil
Day: June 16, 2010
Catch 22 Recovery
From UCLA: UCLA Anderson Forecast: U.S. recovery a long, slow climb; Calif. recovery weaker than nation's (emphases mine): "If the next year is going to bring exceptional growth," [UCLA Anderson Forecast director Edward] Leamer writes, "consumers will need to express their optimism in the way that really counts — buying homes and cars. And that … Continue reading Catch 22 Recovery
EconProph 