Thresholds in the Economic Effects of Oil Prices

As U.S. retail gasoline prices once again near $4.00 a gallon, does this pose a threat to the economy and President Obama’s prospects for re-election? My answer is no.

Read the rest and see some nice graphs, here.

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Major US US Futures Europe Asia Commodities 2yr Euro Yields 10yr Euro Yields Oil
  • DOW 15,387.60 0.34%
  • NASDAQ 3,502.12 0.16%
  • S&P 500 1,669.16 0.17%
  • VIX 13.37 2.69%
  • SPX 500 (CFD) 1,668.10 -0.06%
  • DOW (CFD) 15,378.00 -0.06%
  • NASDAQ 100 3,023.70 -0.09%
  • EURUSD 1.292 0.12%
  • UK 6,803.30 0.71%
  • GERMANY 8,471.00 0.19%
  • FRANCE 4,035.50 0.33%
  • SPAIN 8,468.50 -0.60%
  • H. KONG 23,381.00 0.00%
  • JAPAN 15,561.50 1.17%
  • KOREA 1,990.28 0.46%
  • SHANGHAI 2,300.94 -0.18%
  • NAT GAS 4.20 0.14%
  • GOLD 1,375.30 -0.17%
  • SILVER 22.50 0.25%
  • COPPER 3.34 0.07%
  • FRANCE 2YR 0.19 -10.90%
  • GERMAN 2YR 0.01 240.00%
  • ITALIAN 2YR 2.18 27.59%
  • SPAIN 2YR 2.81 8.21%
  • FRANCE 10YR 1.90 1.22%
  • GERMAN 10YR 1.39 1.09%
  • ITALIAN 10YR 3.92 0.69%
  • SPAIN 10YR 4.19 -0.38%
  • WTI 95.75 -0.45%
  • BRENT 103.66 -0.24%
  • WTI/BRENT 7.91
  • 321 CR SPR 21.96 10.04%