Commodity Trade Mantra

Posts Tagged ‘Gas prices’

Hurts So Good: When Exactly Are Falling Prices Bad?

Though a cause for celebration to the layman, economists argue that falling prices will harm business and lead to unemployment. Falling consumer prices are good for the consumer & the economy, but they are bad for central banks looking to maintain asset bubbles and for governments looking for a graceful way to renege on their debts.

Everyone Loves a Discount—But Where’s the Support for Oil Prices?

Since June, crude oil has tumbled 30% to prices we haven’t seen in about three years. And if crude oil were to fall to $60 per barrel? An estimated 80 percent of U.S. companies that extract tight oil, or shale oil, through fracking would be shut down and all new supply would diminish quickly due to the rapid decline rate.

The Honeymoon Is Over: Ukraine To Stun Citizens With 40% Gas Price Hike

Ukraine expects to increase domestic gas prices by 40% once discounted import prices from Russia expire, the country’s Energy Minister Yury Prodan told journalists in the European Parliament on Thursday. Ukraine may end up with hyperinflation of all goods and services within the year.

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