Federal Reserve, gasoline prices, gold, oil prices

A Look at Falling Oil Prices

By Institute for Energy Research —— Bio and Archives--December 6, 2014

Global Warming-Energy-Environment | Comments | Back To Full Article

Crude oil prices[1] have fallen about $40 per barrel, more than 35 percent, just since June. Earlier posts from the IER team covered the particular details of trends in supply and demand for crude oil in both the United States and the world as a whole. In this post, I’ll show the connection between crude oil and gasoline prices, and I’ll also relate the fall in crude to the Federal Reserve’s monetary policies.

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