Tag Archives: gas

Fed Up With High Prices? July Opened A Window of Opportunity

After much economic activity this week, the Fed announced inflation moved “somewhat closer” to the objective and is showing signs of firming after running below its 2% target for the past two years.  In the last June report from the United States Department of Labor, food prices continued to increase although at a slower pace and unleaded gasoline prices had Read more […]

Backwardation Bonanza!

If you experience your most expensive 4th of July ever, it may be from the unprecedented shortages of commodities in June.  Since 1970, as far back as the S&P GSCI has data, there has never been a June with as many commodities in backwardation as in June 2014. Of 24 commodities in the S&P GSCI, 23 of which are in Read more […]

Gas Guzzling Clunkers Driving Up Costs

Think you’re saving money by holding onto that old car? Think again. Since the recession, Americans have gradually held onto their cars for longer and longer because they have not wanted to spend money on new cars. Therefore, the average age of cars on the road has accelerated according to a recent survey from IHS Automotive. Also Read more […]