Driving up food prices

Last week, the World Bank released a new report that further confirms what most of us have known for a long time — that rising crude oil prices are the biggest contributor to rising food prices. This may come as… Continue Reading →

Bound by the chains of oil

We all know that when the price of oil goes up Americans are negatively affected. High oil prices increase our gasoline expenditures, constricting household budgets, and cause the price of everything that is transported or produced using oil (which is basically… Continue Reading →

Devaluing Oil

Take a look at all the “junk” you have lying around in your garage, basement, attic, closet, etc. Are you doing anything with it? Are you trying to sell it? Have you ever had a yard sale and realized that… Continue Reading →

Moving beyond the CAFE

Recent announcements by Ford and GM show that the giants of American auto manufacturing are investing in various approaches to meet the federal government’s stringent new fuel economy standards. However, GM’s focus on plug-in electric vehicles may show that the… Continue Reading →

Fueling a deficit

If you’re like most people, you probably think about your food budget at least a little bit. Most likely, you try to find the best value at the grocery store, perhaps by clipping coupons or sticking to on-sale items, and… Continue Reading →