Tag: gas prices
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Two Pieces of Economic Good News
Carpe Diem: Falling Gas Prices Over the Last Month Will Save Consumers Betwen $156 and 188 Billion Annually and also from Carpe Diem: US Dollar (v. Major Currencies) Hits 18-Month High
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Real Gasoline Prices Fall Below 1981 Levels
Carpe Diem: Real Gasoline Prices Fall Below 1981 Levels I don't quite follow the title of this graph (January ?1980? to October 2008) but the idea here is that the inflation-adjusted cost of gas is now low than it was in 1981.
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Oil and Gas Prices Fall
New York Times: Oil Prices Fall Below $90 a Barrel HOUSTON — Oil prices fell below $90 a barrel on Monday for the first time since February because of the economic slowdown, even though production in the Gulf of Mexico had not fully recovered from hurricane destruction three weeks ago. … This evening I went…
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Record High Gas Prices? We’re Still Not Even Close
Carpe Diem (Mark Perry): Record High Gas Prices? We're Still Not Even Close …For gas to reach a record high as a percent of per-capita disposable income, it would have to sell today for $5.47 per gallon to reach 14.90% of per-capita disposable income, like it did in March of 1981, when gas sold for…
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Gasoline prices match 1981 record at $3.22 a gallon
USA Today: Gasoline prices match 1981 record at $3.22 a gallon VIENNA (Reuters) — U.S. retail gasoline prices set another recored and matched the inflation-adjusted peak reached in 1981, the government said Monday, as concern about low supplies pushed up pump prices. The average price for regular unleaded gasoline soared 11.5 cents the past week…