All Posts Tagged With: "gasoline"
Stimulus Checks Push Retail Sales Rally; Economy Still Facing Uphill Battle
Stimulus checks helped send retail sales up 1% in May, the Commerce Department said yesterday (Thursday), bolstering the dollar and lifted the mood on Wall Street.
But the effects may not last, as unemployment continues to rise and crude oil supplies…
13Jun2008 | Money Morning | 0 comments | ContinuedPain at the Pump: It’s Time to Start Thinking About $7 a Gallon Gasoline
U.S. consumers barely had time to get used to the idea of $4 a gallon gasoline before prognosticators started talking about $5 a gallon fuel.
And unfortunately for the U.S. economy, the worst is yet to come.
The average price of gasoline…
10Jun2008 | Money Morning | 0 comments | ContinuedCashing in on Commodities: What’s Driving the Oil Bull, How Much Further It Will Go, and How Investors Can Profit
Exactly 12 months ago, West Texas Intermediate crude oil was trading at just under $63 a barrel.
Yesterday (Thursday) futures prices for that benchmark grade of crude oil hit the latest in a succession of record highs, punching through the $135-a-barrel…
23May2008 | Money Morning | 0 comments | Continued
-
-
Sponsors
Loading ...
