Tag Archives: oil prices

From Bad to Worse in a Big Way

Posted on February 27, 2015 by MN Gordon

Just when it appeared that a $50 per barrel floor had been put under the price of oil, something unexpected happened.  The price of oil dropped over 2 percent to about $48.74 a barrel.  What’s more, it could fall much, … Continue reading →

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What Groundhog Day Means for Stocks

Posted on February 6, 2015 by MN Gordon

Something remarkable happened this week.  The price of oil didn’t go down.  It did the opposite…it went up. For one reason or another, no one really knows, this was construed as bullish for stocks.  Perhaps rising oil prices mean there’s … Continue reading →

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Lower Gas Prices and the New Global Recession

Posted on January 27, 2015 by MN Gordon

How about these gas prices?  They’re incredible.  A recent AAA fuel gauge report marked the national average for a gallon of regular gas at just $2.03. That’s down 38 percent from $3.28 a year ago.  At current prices it’s estimated … Continue reading →

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Oil Demand Deduction

Posted on January 16, 2015 by MN Gordon

According to Saudi Prince Alwaleed bin Talal, we’ll never see $100 per barrel oil again.  That, in our book, is a pretty long time.  Nonetheless, Prince Alwaleed’s sure of it… “If supply stays where it is, and demand remains weak, … Continue reading →

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