Tag Archives: Speculation

Gas Prices and the American Family

I was reading on the Edmunds website yesterday about high gas price myths. One of the myths had to do with gas prices bankrupting families: (If a family were to go bankrupt) steep gas prices would not be the only … Continue reading

Posted in Economy, gas prices, The Economy | Tagged , , , , | 10 Comments

What’s Behind Gas and Oil Prices

Gas prices this morning stand at $3.70/gallon in our town, so I thought I would do a breakdown of what’s behind the price at the pump here in the State of Michigan. 9% Marketing and Distribution Costs = $.333 11% … Continue reading

Posted in Economy, gas prices, Oil prices, OneMom | Tagged , , , , | 2 Comments

Friday Flyer

I was curious what Union leaders earn from the forced dues “paid” by members, and I found a very interesting site at the U.S. Department of Labor called UnionReports.Gov.  You can do a search by state (such as Wisconsin) and … Continue reading

Posted in Friday Flyer, gas prices, Unions | Tagged , , , , , , | 2 Comments

Speculation

(6:30pm update: see, I brought out the magic snow globes this morning and the stock market rose  nearly 400 points!) Last spring, I grew very frustrated with Wall Street fat cats manipulating the price of oil through speculation. At the … Continue reading

Posted in Economy, Politics | Tagged , , , , , | 6 Comments

What if I start predicting oil prices?

Friday, a speculator looked into his crystal ball and put out the following statement “crude oil will be $150 by July 4th”. Almost immediately, oil prices rose $11/barrel, the stock market fell, and the price of gas at the corner … Continue reading

Posted in Politics | Tagged , , , , | 2 Comments