Oil has brought great wealth and the nation’s lowest unemployment rate to North Dakota. Soaring homelessness, crime, and …
Why the Era of High Gas Prices Is Supposedly Ending
A federal report released this week forecasts that U.S. production of oil and natural gas will increase for decades to come. At the same time, all signs indicate per capita energy usage—especially in terms of fossil …
The Bad News About $3 Gas
Gas prices had been on the decline so steadily through the fall that it appeared like drivers would be enjoying a Christmas miracle in the form of $3 gasoline by year’s end. Lately, however, it’s looking like this miracle has no …
U.S. Produced More Oil Than It Imported In October
It’s the first time since February, 1995
Gas Prices Are About to Hit New Lows
By Halloween — and perhaps much sooner, if the federal shutdown dampens demand significantly — consumers are likely to see the cheapest gas prices so far this year
Why Gas Prices Aren’t Soaring
American drivers have come to expect that strife in the Middle East equates to a spike in gas prices at home. It looks like we’re about to bomb Syria. And yet gas prices haven’t jumped — and analysts say they probably won’t. In fact, all signs indicate that prices at the pump will plummet, perhaps by more than 20%, in the months ahead.
Memorial Day Gas Prices: After Wild Ride, About Where We Were Last Year
The national average for a gallon of regular is almost exactly the same as it was for Memorial Day 2012. And yet, for the past two years, the periods leading up to Memorial Day couldn’t be more different.
Is the Price of Gold Signaling an Economic Slowdown?
Gold and other commodities seem to be signaling that the U.S. economy is sluggish and will get weaker still.
Why is Texas Governor Rick Perry in Illinois?
Like an aging rocker, Texas Governor Rick Perry is currently on the 2013 I’m Coming For Your Jobs tour across America. His first stop: California a couple months ago. This week he’s in Illinois, where he got a nasty reception from public officials. The trips are part of an effort to get businesses from highly taxed and heavily …
Is the Global Economy Slowly Falling Apart?
For Americans, the economy is likely to remain sluggish for several years, but the long-term outlook isn’t nearly as bad as the pessimists say
Can the U.S. Dollar Become Almighty Once Again?
A stronger dollar could be a bellwether of an improving economy and a brighter outlook for U.S. stocks.
If There’s No Inflation, Why Are Prices Up So Much?
Many of the costs faced by typical American households are rising faster than the official inflation statistics indicate.