DayJanuary 1, 2015

Lower Gasoline and Oil Price Effects on America

the amateur economist

As I pulled up to the gas pump the other day, I nearly dropped my pants (which actually would have been a sad sight to behold) as I noticed gasoline prices had dropped a whole $.40 cents since my last fill-up! Wow! As I was calculating my savings using the bad but free calculator app on my iPhone, my thoughts raced. “Lower gas prices sure help my bank account, BUT like chocolate cake; when you eat it, it tastes yummy […]

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