Professor Mark J. Perry's Blog for Economics and Finance
Posted 9:01 PM Post Link
$2.84 a gallon this morning on my way to work but then in St. Louis we use our own special reformulated gas which means we're generally more expensive than the rest of the state.Now I go as long as I can before filling up because the price is dropping - when it was going up I bought earlier to get cheaper gas
Govt all over the world pouring liquidity in to the market. However oil prices declined irrepective of that. Thats how free markets work.Read:http://criticalpaths.blogspot.com/2008/10/commodity-crash.html
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Dr. Mark J. Perry is a professor of economics and finance in the School of Management at the Flint campus of the University of Michigan.
Perry holds two graduate degrees in economics (M.A. and Ph.D.) from George Mason University near Washington, D.C. In addition, he holds an MBA degree in finance from the Curtis L. Carlson School of Management at the University of Minnesota. In addition to a faculty appointment at the University of Michigan-Flint, Perry is also a visiting scholar at The American Enterprise Institute in Washington, D.C.
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