This is nearly unalloyed good news on a number of fronts.
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Another drop of a dime or fifteen cents per gallon would be nice, but the days of dollar-a-gallon gas are long gone.
Whether this is just a rogue reporter expressing himself or an official change of policy by this internationalist cabal doesn’t really matter. What matters is that bureaucrats inside a single department of a single government agency have the power to shut down America’s oil boom all by itself.
I love it when predictions about the future fail to come true simply because of human action, the ultimate driver of all economic improvement.
It’s nice of the IMF to recognize that it’s market forces that bring down prices, improving the standard of living of everyone in the process.
When two smart fellas don’t know, and Bernanke doesn’t know, what will happen?
It’s far from a simple case of supply and demand. Not when international agreements and government interventions are present.
It’s bait and switch. It’s a strategy that increasingly isn’t working.
It’s almost incomprehensible what’s happening in the oil fields in America. This graph will help.
This is like trying to reach for the stuffed mushrooms at a buffet but your fork isn’t long enough.