An article in the New York Times (14 June 2008) reported that Saudi Arabia, the world’s largest oil exporter and the US’ second largest source of crude, announced that it was increasing its production level by 500,000 barrels per day.
This move of Saudi Arabia is not entirely a response to the economic problems of countries […]
An article in the New York Times (14 June 2008) reported that Saudi Arabia, the world’s largest oil exporter and the US’ second largest source of crude, announced that it was increasing its production level by 500,000 barrels per day.
In a previous post, we dug up statistics from the Energy Information Administration which showed that, […]
Average gasoline prices in the US ($ 4.079 as of 23 June) dipped a bit from the previous week (about $0.003), but still more than a dollar increase from a year ago. The expectation is gasoline prices will continue to rise.
The trigger on the hose for filling up has three settings: low, middle, and […]
Average gasoline prices in the US ($ 4.079 as of 23 June) dipped a bit from the previous week (about $0.003), but still more than a dollar increase from a year ago. The expectation is gasoline prices will continue to rise.
The trigger on the hose for filling up has three settings: low, middle, and […]
Tisa Silver’s gas faces are about to increase exponentially.
Barbara Lewis & Peg Mackey of Reuters report:
On the first trading day of 2008, oil prices hit the $100 a barrel level, which once seemed unimaginable. The price topped $125 a barrel on Friday, making a rise to $150 probable and to $200 possible, according to […]
Tisa Silver, in her post “Who gets the Gas Face?” (Talk Stock Trading), observes “gas faces” when she loads up at the gas station. “We trade smiles through what I like to call ‘the gas face.’ It is a somewhat stressed look of displeasure induced by the pumping of expensive gas. I have seen […]
Tisa Silver of Talk Stock Trading asks “Who gets the Gas Face?”
On my most recent trips to the gas station I have made it a point to turn away from the pump. I have no desire to watch the price meter run up to $55 for a tank of low-grade gas. Turning away from […]
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