Economics, Insurance, and the Economics of Insurance.
Monday, March 26, 2012
Gasoline Prices Explained
Domestic gasoline demand is down. Domestic gasoline supplies are up. Uncertainty as always (as in forever) in the Mideast. Speculators as always a favorite politico scapegoat. Meanwhile gasoline prices continue to rise. Would it be that the price of oil is denominated in US dollars?
' "Gas Prices Explained," from the same group that produced "Quantitative Easing
Explained" (which now has more than 5 million views on YouTube).' - Carpe Deim, 03/10/2012