Economic Snapshot: How Are We Coping With High Gas Prices?

Kevin Depew  Apr 25, 2008 9:45 am

Economic Snapshot: How Are We Coping With High Gas Prices?
 
Our unscientific poll.
 

 
The average price of a gasoline is creeping steadily higher toward $4 a gallon. While this may be terrific for companies like ExxonMobil (XOM), Chevron (CVX) and Marathon (MRO), it has us searching for ways to spend more time off the road and less money at the pump. Below, Minyanville takes a look at how we're handling high gasoline prices with our Economic Snapshot:

Rate this article:  (0 Votes)
Comments (26) See All Comments »
04-26-2008, 11:49 am
Sarah, you need to consider the current massive subsidy of NOT having mass transit. Try a though experiment. Suppose that technology had developed along a slightly different path and that, for whatever reason, we never got to point of everyone depend
Read More
04-26-2008, 3:54 pm
The record gas prices are getting out of control. For a lot of people driving is becoming less of a luxury any more and more of a privilege. Vacations are becoming more and more expensive these days. I've cut my costs at the pump by driving
Read More
04-27-2008, 12:26 am
I agree. I wish that our wonderful leaders, instead of subsidizing every wasteful , inefficient and impractical alternative energy proposal that comes along, would devote that money to research on finding a real answer to our energy problems. We have
Read More
04-27-2008, 11:16 am
In the UK they have taxed the motorist as much as they can, incredibly high fuel duty and annual road tax and even insurance tax!

But, it hasn't stopped the roads clogging up, because there is no real alternative, so people are for
Read More
04-27-2008, 7:45 pm
How about a long term plan to build enough nuclear electrical generation capacity to free up our natural gas for the transportation system? There's enough natural gas if we don't use it for heat and power generation. Electrically powered
Read More
discuss this article and more on the mv exchange
No positions in stocks mentioned.

Get real-time options trading ideas from Steve Smith, veteran options trader and newsletter author, plus let him show you the way to cut risk and boost your returns through the strategic use of options.  Click here for a free 14 day trial to OptionSmith by Steve Smith.



The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2009 Minyanville Media, Inc. All Rights Reserved.

Ticker Talk
Popular Tickers:
SPX »AMZN »RIMM »
Select
  •  
Talk Now
Share this Talk on your site:
Send us your feedback

Our Professors

rss article alert