Tag Archives: pump prices

How Behavioral Economics Impacts You and Our Planet

Here we go again. Pump prices have fallen from the painful historic highs of just a few years ago. In response, Americans are buying in record numbers trucks and SUVs with comparatively low MPG. Have you noticed that gasoline prices … Continue reading

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Why Gasoline Prices Are Higher, Part Two

What is driving your gasoline prices higher is the economy of oil that is very similar to the win/lose game of musical chairs. Part One explained that the first “chair” was oil supply that, when removed, drives your pump price … Continue reading

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Why Gasoline Prices Are Higher-Part One

Have you ever played musical chairs? Now imagine playing the game where you can buy a seat. That is what is happening at your gasoline pump. The first “chair” of oil that is being removed is supply. Whether it is … Continue reading

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