Gas prices rarely rise after Labor Day. But they did this year, hitting a national average of $3.88 recently. That’s the …
oil prices
As Gas Prices Go, So Go Prices for Used Cars
What do prices at the pump have to do with prices at the used car lot? They actually tend to mimic each other. Higher gas prices tend to cause drivers to want to spend less out of pocket on their automobiles. That means rising …
Curious CapitalistWall Street & Markets
President to Oil Speculators: Cut It Out
President Obama has taken a lot of heat from Republicans in recent weeks over high gas prices, and what he coulda, shoulda done to keep them lower. The debate reached a fever pitch during the rejection of the Keystone pipeline, …
Where Gas Prices Have Soared Even Higher Than California
California tends to get a lot of the attention in terms of rising gas prices. The state does have the highest prices in the Lower 48, now averaging $4.35 per gallon, up from $3.83 in mid-February. But over the last five or so …
How High Will Global Oil Prices Rise?
If you’re watching global oil markets and getting a sickening feeling in your stomach, you’re in good company. Oil prices have spiked precipitously in recent weeks, with the U.S. benchmark price at over $107 and Brent rising …
Is This Stock Market Rally for Real?
Despite all the problems facing the global economy, the average U.S. stock has doubled from its 2009 lows. So this seems like the time to ask whether share prices have run up too far, too fast.
Curious CapitalistEconomy
Will High Gas Prices Hurt Obama?
Fears over conflict in the Middle East are pushing gasoline towards the $4 per gallon mark. What will that mean for the presidential elections?
Curious CapitalistEconomy & Policy
Is America’s Economic Recovery Real?
That’s the $64,000 question, particularly for the U.S. presidential elections – if things keep improving, it’s only good news for Obama. The economy has been on a roll this year, with unemployment down, consumer and …
What Gaddafi’s Downfall Will Mean for Investors
Fashionistas may secretly regret the impending departure of the flamboyant Libyan dictator, whose wardrobe ranged from early Mussolini to late Michael Jackson. But most of the world will simply breathe a sigh of relief. And the …
Will Big Oil Get A Bigger Tax Bill?
You can practically set your watch by it. As petroleum prices soar—and with them, oil company profits and pain at the gas pump—sooner or later members of Congress will haul Big Oil executives into a hearing and Demand That Something Be Done. It happened in 2008, the last time oil prices breached the $100 a barrel mark, and on …
