Harrolds.Blogspot.com: o'skyrocket - Real Gas Prices Approaching 1918 Peak! (Global Macro Monitor 8Feb11)

Search Harrold's blog

index•

sitemap

•advanced

site search by freefind

Lest We Forget...September 11th, The Victims ... and our enemies.

→ (allies=friends, enemies=treason) ←

→ Executive Orders=Enabling Acts=Police State ←

War, the Long War: A Just Crusade

"It is a principle incorporated into the settled policy of America, that as peace is better than war, war is better than tribute."

-- James Madison (letter to the [Muslim] Dey of Algiers, August 1816) Reference: Madison, III, page 17

"The sun hangs low on the horizon." -- GB (2009)

Countdown until Obama leaves Office

The 2016 Presidential Election begins in

"Elections Are Not Won by Who Voted. They are Lost by Who Did Not" ~ rfh

"If you were a liberal 20 years ago, without changing your positions on any issues, today you would be a conservative." -- KD, 2010

"Beware lest in your anxiety to avoid war you obtain a master." -- Demosthenes (384-322 BC)

9.11 fading? Listen: Secure-Skies.org

"Si vis pacem, para bellum." - Publius Flavius Vegetius Renatus (c. 378-395) "If you wish for peace, prepare for war."

Also see: o'quotes and o'related videos

Tuesday, February 08, 2011

o'skyrocket - Real Gas Prices Approaching 1918 Peak! (Global Macro Monitor 8Feb11)

article source: Global Macro Monitor | Feb. 8, 2011 at http://www.businessinsider.com/real-gas-prices-approaching-1918-peak-2011-2
Yes, 1918! This is one incredible chart from the American Petroleum Institute illustrating the secular decline in real gas prices for the past century with episodes of periodic price spikes, which lasted a decade or so.

So what was it that caused the reversal in the 80-year secular declining trend and huge price spike, which began in 2002/03? Supply shock? Demand shock? A sudden epiphany about the potential rise of Chinese and Indian drivers? Speculation? Easy Monetary Policies?

We do find it interesting that it coincided with simultaneous price breakouts in almost all asset and commodity markets which eventually led to the 2008 economic and financial collapse. The sharp rise in home prices, collapse of credit spreads, flattening of yield curves, rise in commodity prices, strength of foreign currencies against the dollar, rally in global equity markets, and even the collapse of implied volatility all began in late 2002 – early 2003.

The credit bubble clearly gave the energy bull market its jump start and it seems just yesterday (1998) that we were buying crude futures at $10 per bbl. Did the credit bubble accelerate the Chimerica story and its subsequent global monetary imbalances? Another interesting question/observation is that the last big spike in real gas prices, which began with the first OPEC supply shock peaked with the appointment of Paul Volcker as Chairman of the Federal Reserve. And to think the political hacks in the Obama White House neutered his influence. Shame on them!

We’re going to explore all these issues in future posts so stay tuned!

(click here if chart is not observable)
Chart Source: http://macromon.files.wordpress.com/2011/02/average-annual-pump-prices1.jpg

Global Macro Monitor is a go-to source for traders, investors and policymakers, and anyone interested in markets and the global economy
Read more: http://www.businessinsider.com/real-gas-prices-approaching-1918-peak-2011-2#ixzz1DQybVAb6

related: Gas Prices http://harrold.org/links/gas.html

No comments:

o'quotes & related videos

Mar 11, 2008 - "My friends, we live in the greatest nation in the history of the world. I hope you'll join with me as we try to change it." -- B. Hussein Obama

Pledge of Allegiance

Gov't Off Our Backs

o'KGB?: "Remember..comrade, one day it will be your mission to destroy those bourgeoisie capitalist freedoms."

o'mam: 'The Prettiest Sound On Earth At Sunset' is the Muslim call to prayer.

o'anti-colonialist: Constitution..is imperfect..flawed..colonial

o'Marxist: 'I sought out..the Marxist professors..'

o'cap'n tax: 'Under my plan, energy costs will necessarily skyrocket..'
2008: o'bamacide's 'Culture of Death' "The first thing I'd do as President is sign the Freedom of Choice Act."
o'who?: 'We do not consider ourselves a Christian nation..'

ø'commie: 'It's not surprising..they get bitter, they cling to guns or religion..'

o'bamacide: 'doesn't want his daughters punished with a baby..mistake' (773)
2008: '..5 days away..fundamentally transforming the U.S. of America..'

2008: 'Judge me by..whom I surround myself.'
2009: "Islam has a proud tradition of tolerance." Hussein Obama, Cairo, Egypt, June 4, 2009

2010: 'I am a muslim."
2012: 'If I had a son, he'd look like..'

2012: o'stand down 'What difference does it make?, phony scandals, real dead people

2013: 'Catholics and Protestants are divisive..'
o'der führer: '..reject..'voices' that warn of tyranny.'
2014: o'der leader 'That's the Good Thing as a President, I Can Do Whatever I Want.'

"The Rise and The Fall of Great Civilizations - From Apathy to Dependence to Slavery"
• http://www.corson.org/archives/sociological/S27_090109.htm
by 'The Corsons', John and Janice Corson (John is a member of the American Conservative Union and the Federalist Society.)

2nd Amendment: • Safety and Training

• Games/Diversions • Reference and Reading

"Arm your self with the ballot, while you still have arms." -- rfh

773

The 2012 Presidential Election:

but not for many children! Read Facts as to Why not? & See contributor$ who benefit.

3 Images of Change: Hitler, Obama, Lenin

Communism What is it?

Undercover FBI
View more.

Alan Keyes:

Right Then,
Right Now
au contraire

Return to this blog's 1st Page

Stay up to date on Harrold's blog:

2nd Amendment TV (videos)
"The American Revolution would never have happened with gun control."

E.W. Jackson (R-Va)

May 18, 2013

Alan Keyes, "He must be stopped or the United States will cease to exist."..."We are in the midst of the greatest crisis this nation has ever seen...chaos, and civil war...an alleged usurper...destroying our borders...infanticide...this is insanity...we are claiming that a bankrupt government can save a bankrupt banking system...this is insanity.." (19Feb09)

Alan Keyes:

video: source

Right Then & Right Now

Quotes |

BE HEARD: Contact Congress & the President -- Phone & Fax Numbers

FreedomWorks.org We the people declare Independence from obama

"It is much more important to kill bad bills than to pass good ones."

-- Calvin Coolidge (1873-1933) 30th US President

Find Elected Officials

Enter ZIP Code: or Search by State

See Issues & Action

Select An Issue Area:

Contact The Media

Enter ZIP Code: or Search by State

Senators: State (.xml) (.htm) Senators: Name (.xml) (.htm) source: GrassFire.org Effective Advocacy image of man inside the Capital looking up at the rotunda

Legislation Pending in Congress

Contact the U.S. government and the Media
SENATORS: (toll) 202-225-3121
HOUSE of REPRESENTATIVES: 202-224-3121
PRESIDENT: 202-456-1111 & 202-456-1414 & FAX: 202-456-2461
WH Legislative Affairs: 202-456-2230
All Federal Agencies via http://www.usa.gov/Contact/Directories.shtml
Legislative status: Abortion

Legislative status: Gun Owners
Legislative status of the Health Care bills: in the Senate & House
Live Debates: Senate & House + CSpan Congress, POTUS, other FED, BookTV & Wash. Journal
More Phone Numbers links: http://callcongressnow.com
Fax numbers & eMail Addresses:
http://conservativeusa.org/mega-cong.htm (facsimile/email)
Fax & phone #s to 'Grassfire.org' Congressional list: http://www.grassfire.com/3122/targets.htm
• email Congress & W.H.: http://capwiz.com/congressorgfb/issues/bills/ (CapWis.com)

• write your Congressional representative: https://writerep.house.gov/writerep/welcome.shtml

All Governors, Senators, Representatives, Committees + Citizen Action Resources source: ConservativeUSA.org & alt: Elected Officials at ResistNet.com • email, call, write Congress • Talk Shows • Newspapers • Networks • Lobbying Guide • Current Action Items

Some Gov't News sources: Presidential • Cabinet • Congress • Supreme Crt • Other US Govt

• Elected Officials • Congressional Directory • President (POTUS) • Agencies • Supreme Court (SCOTUS) • Track Your Representative & Senators' Votes • Issues • Election & Ballots • Media: Find, Contact, National & Local • Legislative Alerts and Updates • Current Legislation • Key Votes • Capitol Hill Basics

Life - Susan B. Anthony List: SBA Home • Elected Officials • Issues • Election • Media • Legislative Alerts and Updates • Current Legislation • Key Votes • Capitol Hill Basics • Polling: Electoral Strength • The Other Side • Polling: Pro-life Trends • Polling: Electoral Strength • Legislation • Our Priorities • Take Action • Polling • Pro-Life Women Leaders • Winning [Endorsed] Candidates • Newsroom

We're from the government and are here to help you.

My Sentiments: Soon, What We All (Are?) Will Be Doing. (benddown.wav, 47kb)

Badges?

(89kb) Voice of: Alfonso Bedoya

Evans Law of Inadequate Paranoia: "No matter how bad you think something is, when you look into it, it's always worse." -- M. Stanton Evans, author "Black Listed by History, The Untold Story of Senator Joseph McCarthy" (published 2007) source: Glenn Beck TV show, Th.24Jun10 interview (http://harrolds.blogspot.com/2010/06/glenn-beck-ezra-taft-benson-warning.html)

Number of Occupy protesters arrested counter

Tea Party Arrests=0

Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!

"The American Republic will endure, until politicians realize they can bribe the people with their own money."

-- Alexis de Tocqueville [Alexis Charles Henri Maurice Clerel, le Comte de Tocqueville] (1805-1859) French historian

The U.S. Deficit in 2007 was $9,007,653,372,262.48

The federal government has accumulated more new debt -- $3.22 trillion ($3,220,103,625,307.29) — during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury." -- By Terence P. Jeffrey, CNSNews.com (Read The Full Story) Click Here for videos, graphs, movie & U.S. National Debt totals.

3 years ago: The Debt ~ $125T+! Then Obama: Up $22T+ in only 3 years! $22T to $26T+ by 2015! Since November 2011 to January 2013 he has added $2 Trillion to the deficit! States' Unfunded: $3.2T+! • (Dec10) From Jan'09 the deficit: $10.2T→$14.6T up $4.3T/42%! -- Federal unfunded liabilities total $84 trillion .. equal to 5.7 percent of the present value of all future GDP, which translates into about 31 percent of the long run federal revenue estimate,” the report states. “Thus federal revenues would have to rise immediately and permanently to 24.1 percent of GDP to cover the fiscal imbalance.” (source: http://dailycaller.com/2012/07/16/report-federal-unfunded-liabilities-total-84-trillion/)

Federal obligations exceed world GDP!	Is the US Gov't Bankrupt?	Unfunded a myth?
Deficit: $ national debt	Totals Source: http://www.usdebtclock.org	Unfunded Liabilities: $ 107,599,889,000,000 (25Sep17)

Many Americans actually pay $1 out of ever $2 earned to some form of tax while ~50% of people pay no taxes! Do you pay your bills? The Fed takes $3 in and spends $5. Debt per citizen: $51,985 - Debt per taxpayer: $142,513! (13Dec12)

Also, see the blog videos below at http://harrolds.blogspot.com/2009/09/national-debt-how-come-how-much-who-do.html

What were you doing in the last hour while the U.S. Gov't spent $188 Million Dollars of our money! (Every Hour, Every Day!) (Apr11) In 8 years, President Bush added $5 trillion to the national debt; President Obama, according to a revised Dec11 GAO report, added $4T+ to the U.S. deficit in 2011 alone! The GAO estimates the deficit, including o'scamcare & mandates, may grow from $15T+ to over $26T+! UPDATE: A little-noticed event occurred at approximately midnight on Monday, October 31, 2011. The National Debt exceeded the GDP! Imagine what these numbers are going to be now that Obama is reelected! (src)

A trillion seconds pass in 31,688 years. At $1/sec it would take 41,194 years just to pay off o'tax'n spend's new Feb12-Feb13 added debt - 538,696 years to pay only the national debt or 4,404,632 years to settle the debt+unfunded liabilities!

"Over the last four years our national debt has risen nearly $6 trillion, and just last week the debt topped an astounding $16 trillion. To put that in perspective, $16 trillion is enough money to fund the US military, along with the military of every NATO country combined… for the next sixteen years! Government spending is projected to hit $3.8 trillion this year alone. Even after every tax dollar paid by Americans has been counted, the government will still overspend by another $1.13 trillion. Every single second of the day our government spends over $12,000. So in the time it takes you to read this article, roughly five minutes, our government has spent $3.6 million. It take four seconds for the government to spend what the average American earns in an entire year." (source: by Tim Phillips 17Sep12 at TownHall.com)

"Firearms stand next in importance to the Constitution itself. They are the American people's liberty teeth and keystone under independence … From the hour the Pilgrims landed, to the present day, events, occurrences, and tendencies prove that to insure peace, security and happiness, the rifle and pistol are equally indispensable . . . the very atmosphere of firearms everywhere restrains evil interference – they deserve a place of honor with all that is good." -- George Washington

"The heart of the wise inclines to the right, but the heart of the fool to the left." (Ecclesiastes 10:2)

Bishop Sheen Audio Library

"For ye suffer fools gladly, seeing ye yourselves are wise." [2 Cor 11:19] Psalm 109:8
"[W]e ought to deprecate the hazard attending ardent and susceptible minds, from being too strongly, and too early prepossessed in favor of other political systems, before they are capable of appreciating their own." -- George Washington, letter to the Commissioners of the District of Columbia, 1795

Fulton Sheen's "Talk to American Soldiers - The Centurions of Rome 'West Point' (alt src)

Bishop Sheen Radio

President Obama Job disapproval/approval (daily, interactive)

ElectionProjection dot com election results

+ Pre-6Nov12 Polls

Who Won Who Lost
(punctuation optional)

Thousands of Deadly Islamic Terror Attacks Since 9/11

It has been suggested that o'who?, the clown, and 'those who surround him' are not the bumbling fools they appear to be. Nor are they one of the 'Three Stooges' but rather are shrewd implementation/drivers and fellow-travelers of policies designed to disarm the citizenry & collapse the American economy. Why? o'nocchio's grandiose scheme to "fundamentally transform America" is more than simple campaign rhetoric as can be seen by his use of "enabling acts" to circumvent the Constitution of the United States. As Ollie used to say, "Well, here's another nice mess you've gotten me into."

It's a race against time.

"You need only reflect that one of the best ways to get yourself a reputation as a dangerous citizen these days is to go about repeating the very phrases which our founding fathers used in the great struggle for independence." -- Charles Austin Beard (1874-1948)

2nd, Founding, Traditional American Values, & ProLife Quotes: http://harrold.org/quotes/quotesalone.html

Federalist and Anti-Federalist Papers

"If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary." -- James Madison, The Federalist No. 51, Independent Journal, Wednesday, February 6, 1788

Anti-Federalists and Federalists Papers

The Federalist Papers
Maintained by "Silent Calvin"

The Anti-Federalists' Papers
Maintained by Jon Roland of the Constitution Society at:
http://www.constitution.org/afp/afp.htm

Search Constitution.org or the web -- Powered by FreeFind

When Men Were

When Men Were Men - "Scots Wha Hae" Battle of Bannockburn in 1314 • Listen to the poem

"Scots Wha Hae"

written by Robert Burns • Robert Burns b.1759-d.1796 (published 8May1794, The Morning Chronicle, London) "Supposedly addressed by Edward the Bruce to his soldiers before the battle. Listen to its lyrics in Scots/English being read by Doug Robertson (photo), Music by Steve McDonald from "Bannockburn (Stone of Destiny)" [3m55s]

• Values: "Scots Wha Hae" 1] poem lyrics..text of "Bruce before Bannockburn" also known as "Scots wha hae", written by Robert Burns
• Robert Burns b.1759-d.1796, 8May1794, The Morning Chronicle) 1] "Supposed to be addressed by Bruce to his soldiers before the Battle of Bannockburn against Edward II."
• Listen

to the poem "Scots Wha Hae" read by Doug Robertson [3m55s], Music by Steve McDonald from 'Bannockburn' [Stone of Destiny]" (.mp3, 3.7MB)
• alternate

ScotWha2.ram

(rm, 3m55s) re [ Robert Bruce's March to Bannockburn, Robert I, the Bruce (1274-1329) also know as Robert the Bruce, "The Hammer of the Scots" ] plus

"Scots, wha hae Wi' Wallace Bled,"

(midi, Scottish Songs) & .midi sequenced with lyrics [src] ^***
and

Scots Wha Hae (bagpipes) by the 48th Highlanders of Canada (7MB, .mp3, 3m14s)
and

Scots Wha Hae, bagpipes solo (1.3MB, .mp3, 1m22s)
and

Scots Wha Hae (2.7MB, .mp3, 3m4s; 'The Corries' ["Battle songs of Scotland", sung by Ronnie Browne solo] &

Scots Wha Hae with pipes (4.3MB, .mp3, 4m29s)

Material published on Harrold's blog is collected from email forwards, public articles, and my opines or those submitted by users. I try to avoid copyrighted material. If anything on this site has been copyrighted by you, please contact me so it can be removed or give you credit. -- Robert Harrold

• cite info: http://harrold.org/rfhextra/cite.html

Search Harrold's blog

Harrolds.Blogspot.com

Tuesday, February 08, 2011

o'skyrocket - Real Gas Prices Approaching 1918 Peak! (Global Macro Monitor 8Feb11)

No comments:

Post a Comment

25 Most Recent Posts

Blog Archive

o'quotes & related videos

Followers

Notable Web Sites

BE HEARD: Contact Congress & the President -- Phone & Fax Numbers

Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!

Read:

Recommended

News Briefs: 2nd Amendment, Values, Life, & Muslim Terrorism

AmmoLand.com Shooting Sports News » Gun Rights News

AmmoLand.com Shooting Sports News » Ammunition News

AmmoLand.com Shooting Sports News » Firearm News

It's a race against time.

2nd Amendment, American Values, Founding Fathers' & Life Quotes

Federalist and Anti-Federalist Papers

When Men Were

About Me

Search Harrold's blog

Harrolds.Blogspot.com

Tuesday, February 08, 2011

o'skyrocket - Real Gas Prices Approaching 1918 Peak! (Global Macro Monitor 8Feb11)

No comments:

Post a Comment

25 Most Recent Posts

Blog Archive

o'quotes & related videos

Subscribe To Harrold's blog.

Followers

Notable Web Sites

BE HEARD: Contact Congress & the President -- Phone & Fax Numbers

Now the U.S. Owes $175+ Trillion Dollars! (25Sep17) Up daily since o'tax'n spend was elected!

Read:

Recommended

News Briefs: 2nd Amendment, Values, Life, & Muslim Terrorism

AmmoLand.com Shooting Sports News » Gun Rights News

AmmoLand.com Shooting Sports News » Ammunition News

AmmoLand.com Shooting Sports News » Firearm News

It's a race against time.

2nd Amendment, American Values, Founding Fathers' & Life Quotes

Federalist and Anti-Federalist Papers

When Men Were

About Me