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 ...
Posted in Gas Prices | 2 Comments »
Tuesday, September 30th, 2008
Thanks to growing fears that the United States has entered a prolonged recession - with some saying we're about to see the second Great Depression - the price of oil fell over $10 per barrel today and closed below $100 for the first time since last Monday.
Most of today's market ...
Posted in Gas Prices, Oil Prices | 3 Comments »
Wednesday, September 17th, 2008
Apparently I didn't do a very good job writing the previous post, in which I tried to explain that falling gas prices may not be a good indicator for the economy.
I can see why what I wrote may have been misinterpreted. In going back and looking at the post from ...
Posted in Gas Prices | 1 Comment »
Tuesday, September 16th, 2008
The price of oil fell sharply today, thanks to the collapse of investment house Lehman Brothers, and the growing concern that the United States is only in the beginning stages of a prolonged economic downturn.
After falling to as low as $94.13 per barrel, the price of oil closed the trading ...
Posted in Gas Prices, Oil Prices | 8 Comments »
Wednesday, September 3rd, 2008
Over the span of the past 18 months, the national average price of gasoline has jumped from a low of $2.13 per gallon (February 2007) to a high of $4.12 (July 2008), back down to today's current price of $3.69.
While the price decline over the past two months has come ...
Posted in Drive Less | No Comments »
