The price of gasoline

Average gasoline prices have risen by 17 cents in July.  And, given yesterday’s fire at a Chevron refinery in California, prices will rise even further.  Most will blame “big oil” (don’t you just love it that “someone” must be blamed for everything in this country).  Before you do so, read on.

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Gallons per hour: a new metric for the lousy Øbama economy?

It may seem simplistic, but wouldn’t measuring they buying power of your salary (or what’s left of it) in terms of gallons of fuel per hour make a certain amount of sense? Think about it: it will make the effects of increasing fuel prices something directly relevant to everyone except the minority of people that…

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The unknown oil “moratorium”

Gasoline prices are now approaching $4 per gallon, and, in some states they already exceed that amount.  We know about the drilling moratorium that still seems to be in place in the Gulf of Mexico, in spite of the fact that it is almost one year after the Deep Water Horizon oil spill.  We know that…

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