What is the Fair Value of Oil?

Wednesday, November 5th, 2008

For much of the past two years, we (meaning most of the world) have been complaining about high oil prices.  As the price per barrel climbed past once unthinkable milestones - $75, $100, $125 and then nearly $150 - the complaints grew louder and louder. Now that the price of a ...

Have Falling Gas Prices Affected Your Lifestyle?

Tuesday, November 4th, 2008

Falling gasoline prices have come as a welcome relief to many families, especially in the midst of the current financial and economic upheaval.  Since the middle of July, the price of gas has fallen from a record high of $4.12 to today's price of $2.39 per gallon - a decline ...

Where Will Gas Prices Bottom Out?

Monday, November 3rd, 2008

Over the past four months, we've seen an unprecedented decline in the price of gasoline.  After hitting its record high of $4.12 on July 14, the national average price of gas has fallen over 40%, and now stands at $2.40 per gallon. The last time gas prices were this low was ...

National Average Gas Price Continues to Fall - Now at $2.40 per Gallon

Monday, November 3rd, 2008

The national average price for a gallon of regular unleaded gasoline now stands at $2.40 per gallon - a price not seen since early March 2007. Gasoline prices are now down nearly 42% from the record highs set back in mid-July of this year.  Over the past month, the price of ...

Gas Prices Fall to Lowest Levels in 19 Months

Wednesday, October 29th, 2008

For the first time since April 2007, the national average price for a gallon of regular unleaded gasoline has fallen below the $2.60 mark.  And from the looks of things, it appears as if there's still plenty of room for prices to fall. As of this afternoon, the national average gas ...