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Posts Tagged ‘US economy’

4 Jan 30 2015 @ 11:43am by Matt Smith in Crude Oil, Economy, risk management

Chuck Bucks!

The price drop we have seen at the pump in recent months has been nothing short of spectacular. It has provided the equivalent of a huge tax cut to the US consumer, considerably boosting disposable income (chuck bucks!*). But as my fellow countryman Geoffrey Chaucer said some 640 years ago, all good things must come to an end. So as retail gasoline prices begin their seasonal ascent, let us assess the impact of their precipitous plunge, and what it means looking ahead:  » read more