All Posts Tagged With: "pain at the pump"
Pain 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 | ContinuedThat Pain You Feel at the Pump is From a Dollar Crisis, Not an Oil Crisis
It’s unfortunate that the U.S. Supreme Court, in its ruling last week that U.S. currency is unfair to the blind, did not make the next logical step and declare it unfair to everyone who buys gasoline.
In their search for…
29May2008 | Money Morning | 0 comments | ContinuedSoaring Oil and Gasoline Prices Worry Cost Conscious U.S. Consumers
The effects of soaring oil prices are finally trickling down to the pump and consumers are feeling the pinch.
On Friday, oil futures hit a new record of over $126 per barrel. Prices jumped 7.4% last week, with crude oil for…
12May2008 | Money Morning | 0 comments | Continued
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