Ronald White of tthe LA Times brings us this nugget via CalculatedRiskBlog: Since I haven't posted on gasoline prices in some time ... from Ronald White at the LA Times: Gas prices expected to fall "If oil remains low, the national average for gasoline will fall to $3.25 to $3.40 in the next two to three … Continue reading Possible Good News – A Gasoline Price Drop Would Help.
A couple of days ago I talked about how high oil and gas prices pose a threat to the "recovery" of the economy. Now I want to turn to the causes. Why are oil and prices high? Is it all just supply and demand, or are there more sinister forces at work? Many, and I'd … Continue reading Are High Oil Prices All About Supply & Demand? Maybe Not