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Posts Tagged ‘gas prices’

Making Sense of The Skyrocketing Cost of Gasoline

Posted by Larry Doyle on September 17th, 2012 7:33 AM |

I guess I could write this morning about the NYSE being fined by the SEC for facilitating front running. I could also offer more commentary on global banking institutions that now seem to realize a little thing called “reputation” actually matters. Perhaps I could offer insight on how the Fed’s recently announced “QE-infinity” is directed as a further bailout of the banks and the red-headed stepchildren commonly called Fannie and Freddie.

But let’s put those topics off for another time. Today, let’s address why your wallet is significantly lighter every time you go fill your vehicle’s tank.  (more…)

$4.35/gallon

Posted by Larry Doyle on April 9th, 2012 6:53 AM |

“Do you feel it?”

“Feel what, LD?”

The hand inside your wallet cleaning you out as you go to fill your tank. I felt it yesterday afternoon when I filled the tank and saw the price for regular gas at $4.35/gallon.

Pissed off? You bet I am. I personally think it is likely to get worse as we approach the summer months. What is driving the price of fuel? (more…)

Skyrocketing Gas Prices

Posted by Larry Doyle on April 11th, 2011 2:15 PM |

“LD, how are we going to be able to ‘navigate’ the economic landscape with gas prices headed to $5.00/gallon?”

Gas Prices

Great question. Our economic navigating may be relegated to a bike. I will make a point of asking Ben Bernanke and Tim Geithner the next time I see them given that their policies to save the banking system have crushed the dollar and imposed these increasing costs for gasoline, food, and so much more on the American consumer. Congratulations, Ben!! Well done, Tim!!

In all seriousness, our economy will clearly slow given the hidden tax imposed upon it by these skyrocketing gasoline prices.

Navigate accordingly.

Larry Doyle

America’s Hidden Inflation and How You’re Getting Screwed

Posted by Larry Doyle on March 23rd, 2010 1:47 PM |

Inflation is dead, right?

If we believe The Wall Street Journal, all we had to do was read yesterday’s edition to learn this fact. The WSJ wrote, Inflation is Dead? Long Live Long-Term Treasurys:

The Treasury Department is selling $118 billion in debt this week, just as Congress tackled a $940 billion health-care bill over the weekend, shining the spotlight on the U.S.’s hefty fiscal commitments.

Budget-deficit and debt levels are forecast to worsen: Total deficits including interest costs are set to remain above $1 trillion in the next decade, according to Barclays Capital. But longer-dated U.S. government debt is as popular as ever, even at the measly 3.689% and 4.580% yields that 10- and 30-year Treasurys are paying, respectively.

That popularity is supported by a single, compelling economic fact: Inflation is dead.

There you go. The WSJ said it, so it must be right. The policy wonks in Washington continually repeat it, so they must be right, too. Or are they? (more…)






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