Chart usGOLD   Chart usSILVER  
 
Food for thought
A priori theory trumps and corrects experience
Hans Hermann Hoppe  
Search for :
LATEST NEWS  :
MINING STOCKS  :
Subscribe
Write Us
Add to Google
Search on Ebay :
PRECIOUS METALS (US $)
Gold 1199.13-12.72
Silver 16.41-0.66
Platinum 1241.20-17.50
Palladium 778.50-13.75
WORLD MARKETS
DOWJONES 17083115
NASDAQ 4534-16
NIKKEI 15658104
ASX 545726
CAC 40 4107-4
DAX 9028-55
HUI 169-9
XAU 69-4
CURRENCIES (€)
AUS $ 1.4309
CAN $ 1.4123
US $ 1.2613
GBP (£) 0.7874
Sw Fr 1.2057
YEN 137.4590
CURRENCIES ($)
AUS $ 1.1346
CAN $ 1.1196
Euro 0.7929
GBP (£) 0.6245
Sw Fr 0.9558
YEN 108.9700
RATIOS & INDEXES
Gold / Silver73.07
Gold / Oil14.88
Dowjones / Gold14.25
COMMODITIES
Copper 3.120.01
WTI Oil 80.61-0.85
Nat. Gas 3.720.07
Market Indices
Metal Prices
RSS
Precious Metals
Graph Generator
Statistics by Country
Statistics by Metals
Advertise on 24hGold
Projects on Google Earth
Gas Prices Continue to Rise, Sapping Consumer Confidence?
Published : February 18th, 2013
154 words - Reading time : less than a minute
( 1 vote, 4/5 ) Print article
 
    Comments    
Tweet
Keywords :   Consumer Confidence | Oil | Reuters | Shale Oil |

It should be interesting to see what today’s Reuters/University of Michigan consumer sentiment index comes in at in an hour or so since, in this Gallup report from Tuesday, rising pump prices along with higher payroll taxes – a double-whammy if ever there was one for consumers – were seen eroding confidence.

The latest Energy Department data shows that the situation is not getting any better.

24hGold - Gas Prices Continue ...

There is some hope for the situation to improve in the year ahead as some progress is being made in getting more crude oil shipped out of Cushing, Oklahoma (where inventories are still quite high) and into the Gulf Coast area where it can be refined to make cheaper gas than with imported oil.

As always, the GasBuddy heatmap shows gas prices around the nation with nearly a dollar per gallon difference between the shale oil production states in the north and major population centers on the coasts.

Tweet
Rate :Average note :4 (1 vote)View Top rated
Previous article by
Tim Iacono
All articles by
Tim Iacono
Next article by
Tim Iacono
Receive by mail the latest articles by this author  
Latest comment posted for this article
Be the first to comment
Add your comment
TOP ARTICLES
Editor's picks
RSS feed24hGold Mobile
Gold Data CenterGold & Silver Converter
Gold coins on eBaySilver coins on eBay
Technical AnalysisFundamental Analysis

Tim Iacono

Tim Iacono is the founder of Iacono Research, a subscription service providing market commentary and investment advisory services specializing in commodity based investing.
Tim Iacono ArchiveWebsiteSubscribe to his services
Most recent articles by Tim Iacono
10/22/2014
10/21/2014
10/21/2014
10/20/2014
10/20/2014
All Articles
Comment this article
You must be logged in to comment an article8000 characters max.
 
Sign in
User : Password : Login
Sign In Forgot password?
 
Receive 24hGold's Daily Market Briefing in your inbox. Go here to subscribe or unsubscribe.
Disclaimer