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Tag Archive 'Gas Prices'

kavips, a Delaware (I assume…he/she is so darned secretive) blogger, who has some very well thought out posts (see his/her economic recovery post for an example), put one up the other day that is absolutely worth some deeper thought and investigation. It is about the Delaware City Valero Refinery and their apparent shut-down in response [...]

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More Weather Fanaticism

Gustav looking to be quite nasty… …and affecting oil/gas prices. Aug 24th marked 16-year anniversary of Hurricane Andrew‘s landfall.

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Keeping our faithful abreast on the oil-speculation commodities markets.  The link is a good article by Rex Nutting & Michael Kitchen of MarketWatch.com that also explains some terminology that may help better define where people stand on this issue.  If you do follow the link (recommended), let the first four paragraphs sink in and note [...]

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Commodities: Capitalism Run Amok

The food and energy commodity markets are quickly losing any connection to pure supply-and-demand pressures.  In some cases, that disconnect has already long passed us by. There are many thoughts and proposals to correct this.  I don’t think many will work until one basic element is affected: Make the market less inviting to the typical [...]

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NOW I can post this (David A corrected my use of gas v. distillates last time) .  If you haven’t seen it, we truly have $4/gal gas now.  The lone service station in Delaware City and the Exxon (go figure) at Mt. Pleasant/Summit (Boyd’s Corner Rd and Summit Bridge Rd) both now boast $4 + /gal for [...]

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US Dollar’s Dwindling Value

Does anyone remember the last time a dollar was worth less than 100 Yen? I can’t. I also know it hasn’t happened within the past five years. It might happen today. Early morning trading shows it down under 102¥ (9:37AM: 101.97¥). Watch our dollar, folks. The current state of the dollar has a lot to [...]

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