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Tag archive for ‘Oil & Gas’

As gas prices go down, so will food, right? No.

As gas prices go down, so will food, right? No.

Consumers hoping for easing of supercharged inflation likely won’t see it
http://www.msnbc.msn.com/id/26316365/
Corn and soybeans have dropped 24 percent and 17 percent, respectively, in the last two months but food prices have continued to go through the roof. If commodity prices have dropped, why are food costs still going up? This article says that retail prices for [...]

Why is Florida gas cheaper??

Why is Florida gas cheaper??

My father in law has a home in St. Lucie Florida. I asked him yesterday what was the price of gas? $ 3.68 per gal. What’s up with that? How in the name of cents, can I be paying $3.98 up here in Kaysville, even up to $4.03. Any one out there have any ideas? [...]

Slight Reprieve in Oil Prices Won’t Last Long

Slight Reprieve in Oil Prices Won’t Last Long

I observed an interview of Robert Kiyosaki this week in regards to oil/fuel prices and the long term forecast. Kiyosaki claims that the primary reason for our current oil price situation is the devaluation of the dollar. Oil is purchased in dollars and as the United States continues to print more dollars the value declines [...]