Showing posts with label gas prices. Show all posts
Showing posts with label gas prices. Show all posts

Monday, May 23, 2011

Gas Prices Decline Ahead Of Memorial Day

Gas prices seem to visit the memorial at the weekend in underdeveloped areas of the mid-Atlantic.

The American Association of Com Maryland in the mid-Atlantic, which dropped the average gallon of gas to $ 3.90 on Sunday - as low as 11 cents a week ago.

Monday, May 2, 2011

Oil Prices

As the European Central Bank (ECB) prepares to raise interest rates to prevent inflation, the bank cites rising commodity prices, particularly oil prices, as a sign of that inflation. What the bank and other market participants don't seem to understand is that high commodity prices and, in particular, high oil prices are deflationary.