Floyd Norris points out that in the annual cost of ownership equation, fuel prices are nearing the cost of the vehicles themselves!...
Read More
Wow — this is amazing. It shows no sign of stopping, which of course, it eventually must. Here’s a question — at...
Read More
Portfolio has an interesting discussion on what they term the “He-Said-She-Said” economy: “Inflation, energy, home...
Read More
At a certain point, the falling dollar and runaway Oil prices are going to have to take precedence over the economy and credit crunch....
Read More
China’s subsidized fuel prices worked miracles in the past, but because they hurt energy stocks, they are now a major policy...
Read More
Hard to argue with this: "Nothing has been a more reliable indicator for an upcoming recession as the price of Oil. Every major bear...
Read More
Yesterday, we noted the Beginning of Demand Destruction? Today, Oil has reversed, and that thesis may be getting questioned. For...
Read More
Government leaders and oil producers will meet in Saudi Arabia over the weekend to discuss record crude prices. Saudi Arabia, the...
Read More
Earlier today, we looked at the decrease in miles driven in the US (Chart of the Day: US Miles Driven). Let’s put that into some...
Read More
$4.05+ average national gas costs and $140 barrel oil is having its effect: Demand destruction brought about by high prices has lead to...
Read More
