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Oil Economics

By AD follow AD   2013 Apr 18, 1:57pm 1,075 views   2 comments   watch   nsfw   quote   share    


Since January 2009, the Vanguard Energy Fund has gone up 41% and Dow Jones-UBS Unleaded Gasoline Subindex has increased 180%. Look at the price of a barrel of oil and compare it to a gallon of gasoline also for the last 5 years.

Have Federal Reserve policies led to the cost of a gallon of gasoline to remain fairly constant though the price of a barrel of oil has dramatically decreased? Also, gas taxes remained virtually the same.

references:
http://www.eia.gov/oog/info/twip/twip.asp

http://www.gravmag.com/prices.shtml

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