February 29, 2012

Did Rising Gas Prices Cause the Recession?

James Pethokoukis, The American


Rick Santorum is getting much grief for this:

Rick Santorum told an audience Monday that the 2008 recession was caused by high gas prices. He said Americans were unable to pay their mortgages—not because of unsustainable housing prices or reckless lending practices—but because of $4-per-gallon gasoline.

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TAGGED: Gas Prices


October 16, 2013
Your Early Christmas Present: Low Gas Prices
Matt Smith, Energy Burrito
Let’s end at the beginning: retail gasoline prices are going to continue to head lower, and this post simply presents the case as to why, through some simple visuals. But before we do that, here are some reasons as... more ››
October 15, 2013
Will Gas Prices End the Year Below $3 per Gallon?
Jeff Macke, Yahoo
According to David Lutz of Stifel, Nicolaus & Company, consumers are going to get a big boost to their wallets before the end of the year — and the source could surprise you. According to Lutz, the Environmental... more ››