Nation
World
Politics
Sports
Business
Entertainment
Life
Tech
Science
Opinion
Crime
Health
Oddities

Biden can't do much to bring down gas prices. But a recession can

Por: CNN Business October 23, 2022

thumbnail

New York CNN Business  —  There is one surefire cure for high gas prices. Unfortunately, it’s far worse than the problem itself: A recession. Nothing kills demand for oil — and brings down prices faster — than recessions. Not only do they cause job losses, which means fewer people commuting to work, but those who keep their jobs invariably pull back on spending, which means fewer trips to go shopping or eat out, as well as fewer... + full article



Similar News

Why Gas Prices Are Going Back Up and How You Can Save Money at the Pump

NBC 6 South Florida USA World October 11, 2022

thumbnail>> AND GOOD EVENING EVERYONE. >>> AND GOOD EVENING EVERYONE. IM COLLEEN WILLIAMS. WE BEGIN TONIGHT WITH A DECISION THAT WILL AFFECT ALL IT COULD MEAN THOSE HIGH GAS PRICES WERE SEEING AT THE PUMP PRICES WERE SEEING AT THE PUMP COULD GO ON A LOT FIRST EXPECTED. TODAY OPEC AGREED... + más

Pain at the pump could shift midterm outcome: 'This election is likely won or lost at the pump' | Fox News

Biden hits oil and gas companies: 'Bring down prices you’re charging at the pump' | Fox Business


A prolonged U.S. recession more likely after OPEC oil cuts: No question

Newsweek USA Nation October 07, 2022

thumbnailRising gas prices are sure to strike Americans in their wallets, but some experts expect the return of high gas prices to have a more overarching effect on the U.S. economy.The Organization of Petroleum Exporting Countries (OPEC) decided to cut oil production by 2 million... + más

OPEC Thumbs Its Nose At President Biden | Forbes

Progressives who back Green New Deal outraged over OPEC oil production cuts | Newsweek


What Is A Growth Recession Exactly?

Forbes USA Business October 06, 2022

thumbnailGetty Images Key Takeaways When the Fed raised interest rates by 0.75% at the September meeting, many analysts were concerned that the move would bring the economy into a recession. A soft landing was no longer the likely outcome, since it has become obvious that inflation... + más

How Long Do Recessions Last? When Are They Over? | Forbes

What Does A Recession Mean For Me? And What Are The Best Places To Invest Money Right Now? | Forbes


Pain at the pump could shift midterm outcome: 'This election is likely won or lost at the pump'

Fox News USA Politics October 06, 2022

thumbnailGas prices are spiking ahead of the midterm elections, and many strategists agree that regardless of whether President Biden's policies caused the high prices, is likely won or lost at the pump.California is currently experiencing the highest gas prices in the country at... + más

Nearly 40% Of Republicans Will Blame Election Fraud If Party Loses In Midterms, Poll Finds | Forbes

The Stock Market Has Risen After Every Midterm Election Since 1950 | Forbes


How Long Do Recessions Last? When Are They Over?

Forbes USA Business September 24, 2022

thumbnailGetty Images Key Takeaways In December 2007, the U.S. entered its worst economic slowdown since the Great Depression. Commonly known as the 2008 recession or the Great Recession, this event altered the course of millions of Americans’ lives. The 2008 recession was a long one,... + más

US economic barometer drops for sixth month in a row, potentially 'signaling a recession' | CNN

EXPLAINER: How do we know when a recession has begun? | ABC News


Gas prices rise slightly after months of declines

The Hill USA Politics September 24, 2022

thumbnailThe national average price of gasoline rose slightly Wednesday, ending a streak of months of decline after soaring to its highest levels ever over the summer.  AAA on Wednesday is $3.681 per gallon, up from Tuesday’s average of $3.674. Gas prices have consistently dropped... + más

The historic streak of falling US gas prices is over | CNN

US gas prices end streak of declines just short of 100 days | The Boston Globe


The historic streak of falling US gas prices is over

CNN USA Business September 22, 2022

thumbnailNew York (CNN Business)Well, it was nice while it lasted.After sinking every day for more than three months, US gas prices edged higher — by a penny — to $3.68 a gallon, on average Wednesday, . That ends 98 consecutive days of , the second-longest such streak on record going... + más

US gas prices tick up, ending 99-day streak of lower costs | Associated Press

US gas prices end streak of declines just short of 100 days | The Boston Globe



About iurex | Privacy Policy | Disclaimer |