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Who’s To Blame For High Gasoline Prices?

Who’s To Blame For High Gasoline Prices? As retail gasoline prices rise to $3 per gallon across the United States, gas prices are a hot political topic in Washington once again, with the Democrats hoping to slam Donald Trump for causing pain at the pump and Republicans trying to shift blame back on their opponents. […]

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Why Lower Gasoline Prices Are Not Stimulating Economy

Why Lower Gasoline Prices Are Not Stimulating Economy Fed officials and financial news reporters are collectively wondering why the economy seems to be slowing down, even though lower oil and gasoline prices ought to be a stimulative factor.  If consumers are spending less of their money on gasoline, then they ought to have more to […]

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How Tories Dumped Your Interests at the Pump

How Tories Dumped Your Interests at the Pump Oil is cheaper by half. So why don’t feds try and deliver savings to drivers? Oil prices have plunged by 50 per cent since last year, but you would never know that looking at what people are paying at the pump. What gives? Don’t ask the Conservatives. […]

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Oil prices are down, gasoline prices are not. What gives?

Oil prices are down, gasoline prices are not. What gives? It’s a good summer to be selling gasoline, not a great one to be buying it In mid-February, the price of oil hovered around $50 US a barrel, and a litre of gasoline cost, on average, $1.01 Cdn. This week, the price of oil is hovering around […]

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The Confessions Begin: Goldman, BofA Warn Crude Crash Will Have Negative Impact On GDP, Earnings

The Confessions Begin: Goldman, BofA Warn Crude Crash Will Have Negative Impact On GDP, Earnings The plunge in oil prices is unambiguously good for the US economy – Virtually every “pundit” with a business suit, who collected a $200 CNBC appearance in the past 3 months A week ago we showed that, using Gallup polling data, […]

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The Gasoline Price Myth

The Gasoline Price Myth. “If you repeat a falsehood long enough, it will eventually be accepted as fact.” In the financial markets and economics it is a common occurrence that the media and commentators will latch on to a statement that supports a cognitive bias and then repeat that statement until it is a universally […]

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What Low Oil Prices Mean For The U.S. Economy

What Low Oil Prices Mean For The U.S. Economy. For the last 4 years, the national average retail price of gasoline in the United States stayed within a range of $3.25-$4.00 a gallon. But that all changed this fall, with U.S. consumers now paying an average price of $2.82. This usually is the time of year […]

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