Tag Archives: Gas Prices

Gas expenditures as % income at 30-year high

Paid over $4.00 a gallon this weekend.  This high this early in the year brings the gas price back on the macro radar screen. The EIA notes, Gasoline expenditures in 2012 for the average U.S. household reached $2,912, or just … Continue reading

Posted in Crude Oil, Energy | Tagged , , | 3 Comments

Is Inflation Driving the U.S. Wealth/Income Gap?

The bears video got us motivated to put together a chart of the S&P500 and gas prices over the past year.   It’s stunning, though not surprising, to see how both series move together.   The two charts below help explain a … Continue reading

Posted in Economics, Employment, Energy, Equities, Video | Tagged , , , | 12 Comments

Don’t Blame the Gas Station for Price Spike

Here’ a cool graphic from the EIA on what drives the price of a gallon of gasoline in January 2012.  We paid $4.20 last night in California! Note 76 percent of the price for a gallon of gas is driven … Continue reading

Posted in Crude Oil, Energy | Tagged , , | 2 Comments

Trannie Swan Dive to Take Down Crude Oil

The Dow Transportation Index was down almost 4 percent today and if there is any silver lining  in the current market turmoil is that Trannies usually lead crude down, which will drop gas prices.  The chart below shows the 12.2 … Continue reading

Posted in Charts, Crude Oil, Economics, Energy | Tagged , , , | 1 Comment

While Washington (and the Fed) Fiddle…..

Sorry about the hiatus.  We’ve been working on a special project that could be big and will share when and if possible. Thought we’d start by re-posting our gas price sensitivity analysis to show the cost of the U.S. government’s … Continue reading

Posted in Black Swan Watch, Bonds, Budget Deficit, Commodities, Muni Bonds | Tagged , , , , , | Leave a comment

The Tax on Consumers of Higher Gas Prices

We want to re-post our gas price sensitivity matrix, which illustrates how various prices will impact individual consumers given their average miles driven per day.  We had to make an assumption on the automobile’s gas mileage so we took the … Continue reading

Posted in Crude Oil, Economics, Electric Vehicles | Tagged , , | 11 Comments

Sensitivity Analysis of Higher Gas Prices

We‘ve constructed the following cheat sheet to give a sense of how higher oil and gas prices will impact the pocketbook of individual consumers and families given various gas prices and average miles driven.   Of course, much depends on the … Continue reading

Posted in Commodities, Crude Oil | Tagged , , | 2 Comments