Why I Hate Politics

The Mercury News details: Rising gasoline prices, trumpeted in foot-tall numbers on street corners across the country, are causing concern ...

Oil Stocks Up... Prices Down...

WSJ reports: U.S. crude inventories [increased] by more than twice the expected volume in the week ended May 7, according to data released ...

More on Oil's Impact on Consumption

Last Friday, I asked "at what point does the price of oil become debilitating?". Fortunately for me, James Hamilton attempts to ...

U.K. Produce Prices Soar in March

The AP reports: Oil prices rose above $86 a barrel Friday on a weaker dollar and after robust U.S. retail sales in March pointed to growing...

On the Price Stickiness of Imported Oil

In brief... there doesn't appear to be much... (NOTE: the axis on the right hand side is REVERSED ) Source: EIA / Census