Showing posts with label Gasoline. Show all posts
Showing posts with label Gasoline. Show all posts
Tuesday, October 7, 2014

Lower gas prices and higher consumer welfare for the win.

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I read the following passage at Carpe Diem  (emphasis mine): According to the Department of Energy, Americans buy  365 million gallons of ...
Saturday, March 16, 2013

Demand for gasoline is down and fuel efficiency is way up. Who gets the credit? See the answer here...

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I may be suffering from a mild case of the "correlation is causation" fallacy, but the other day I posted the second graph you see...
Wednesday, March 13, 2013

Nice graph that shows the leveling off of fuel consumption for the foreseable future in the US. How can this possibly happen?

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Americans are using less fossil-based fuel than prior to the "Great Recession" and it looks like it is going to continue based on ...
Sunday, January 15, 2012

Nice chart showing gas taxes in various "rich" countries and an excellent graph showing the effect of these taxes on the quantity demanded for gasoline. Bet you can guess what the answer is.

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One of the primary reasons for the differences in the retail price of gasoline in the "rich world" is the differences in the gas/f...
Saturday, December 3, 2011

US becomes a Net Exporter of Petroleum products for the first time in 62 years!! Is this a good thing? Nice new graphic showing the cause...

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This caught me by surprise. The US, for the  first time in 62 years , has become a net EXPORTER of petroleum and petroleum based products. ...
Wednesday, November 16, 2011

Nice chart showing the difference in gasoline prices between the US and Europe...Why the big difference???

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Here is a chart showing the differences in the price of gasoline between the US and Europe at-large.  Why is there such a large disparity be...
Sunday, October 30, 2011

Nice graphic showing Americans are driving fewer miles... In general this is good, but maybe it is for the wrong reasons..

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Number of the Week: Cutting Back On Driving 4.6 Billion: How many fewer miles traveled by drivers on U.S. roads in August than a year ea...
Friday, June 24, 2011

Gas prices are too low and need to be higher! Our kids, grand-kids and great-grand kids will THANK US!

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I am convinced the only way get off our dependence on oil (domestic and foreign) is to ensure the price of gasoline stays elevated.  A gas t...
Tuesday, May 17, 2011

Graphs to help explain the MAIN reasons we will have higher oil and gasoline prices well into the future...

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Monday, May 16, 2011

Gas taxes levied by various European countries compared to the US. YIKES!!

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Below, in dollars, are the amounts levied on a gallon of gasoline in various European countries. The US by far has the smallest level of tax...
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Sunday, May 8, 2011

Is gasoline a substitute or a complement for motorized scooters? Whatever the relationship the demand for them is going through the roof!!

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The recent spike in gas prices is benefiting the bicycle and motor-ized scooter industries:  Bike, scooter sales pick up speed "...
Saturday, April 23, 2011

No good deed goes unpunished...States want to tax electric cars because, well, they don't consume enough gas...Go figure...

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States are experiencing declining revenues from gas taxes that are assessed on each gallon of gas.  More fuel efficient cars= less gas consu...
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Friday, October 22, 2010

Gas prices getting you down? It could be worse---imagine filling your Hummer in Paris or Rome. And I don't mean those cities in Texas...

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US gasoline prices relative to European gasoline prices.  Big difference, eh?  What accounts for a majority of the difference? Gas taxes acr...
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