A Forex View From Afar

A Trader's Look At A Trader's Life

Forex Analysis

Complaining about oil price…

Written by A Forex View From Afar on Tuesday, May 06, 2008

Back to www.thelfb.com

Most US Consumers complain about the higher gas prices that they have to pay, with every fill they do. Gas prices at stations have reached $3.50 per gallon, in some areas.

Gas Prices

Analysts have shown how the different Gas taxation formulas have formed different social patterns. In the US, consumers use the savings from the cheap gas to buy bigger houses, or to move further away from the downtown areas, whilst in Europe the tax money is used to modernize the transport industry, invest in education or reforming health-care (health-care that is now considered by many to be Achilles’ Heel for the US economy).

In Europe the cost per gallon is reaching $10. Furthermore, going to Economics 101, the Gas prices are only as high as they are because someone is willing to pay the price, and cutting taxes (as some political parties suggest) will only fix things in the short them.

Yahoo: Why Gas in the U.S. Is So Cheap

Related Posts by Categories

  1. 0 comments: Responses to “ Complaining about oil price… ”

TheLFB Team & The View From Afar Blog

© 2008 A Forex View From a far Trading Blog

Trade Desk View

Fundies and Trading
There is a constant question from some traders as to why anybody would ever need to consider the ‘F’ word when trading. Fundamentals: what is so damaging at looking at both Technical charts and having a Fundamental filter to gauge how many Lots to put on? Why is it that accepting that Technicals give us price points to trade, but Fundamentals determine the direction that we travel is so difficult for some traders to accept? Without a Fundamental Filter very few pure Technical traders would have seen this Dollar move coming today.

Want to subscribe?

Subscribe in a reader.