Average retail gasoline prices have more than doubled under President Obama, according to government statistics, rising from $1.84 per gallon to $3.85 per gallon.
Another awesome animation explaining how things work with gas prices and inflation.
A must watch video for all specially for those who are considering going to US in future!!
Rep. Ron Paul (R-TX) explains why default by inflation is worse than default by not raising the debt ceiling.
The Middle East protests have fueled more than just a change in Democracy; it looks like these political outbursts will affect the gas pump as well. There are reports that crude oil could rise up to 200 dollars a barrel. Director of the Trends Research Institute Gerald Celente says the role of the Federal Reserve, interest rates and the potential oil crisis out of the Middle East could be detrimental to the United States economy.
Here’s a few great articles to check out today, Friday, 11/5/10 :
Free market stats on GDP and unemployment radically different than those released by the government.