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Featured Fuel prices at 6 year low all hail Obama

Discussion in 'News & Current Events' started by T Alan, Jan 20, 2015.

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  1. annsni

    annsni Well-Known Member
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    Gas prices are down. Now we have a little extra money to cover the extra costs of health insurance and food.
     
    #21 annsni, Jan 21, 2015
  2. InTheLight

    InTheLight Well-Known Member
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    Reminds me of Bush's tax cuts. They basically went to pay for higher gasoline prices.
     
    #22 InTheLight, Jan 21, 2015
  3. 777

    777 Well-Known Member
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    RevMitchell - yeah, if A causes -B to happen, it doesn't mean that A causes B to happen, or vice-versa.


    QE does cause interest rates to be lower and does deflate the dollar. International commodities are the first to rise when the dollar is low. I am not just talking about QE2 here, more about the end of QE3. What I am saying is that increased production and the end of QE3 are probably the reasons prices have fallen so low so fast.

    The dollar had to rise: http://www.cnbc.com/id/101676957 to enable that.
     
    #23 777, Jan 22, 2015
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