{"id":10876,"date":"2014-09-14T20:30:35","date_gmt":"2014-09-15T00:30:35","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=10876"},"modified":"2014-09-14T20:30:35","modified_gmt":"2014-09-15T00:30:35","slug":"bad-has-never-looked-so-good","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2014\/09\/14\/bad-has-never-looked-so-good\/","title":{"rendered":"Bad Has Never Looked So Good"},"content":{"rendered":"

Energy Burrito<\/em> writes that gasoline prices have fallen nearly 30 cents from their Summer highs:<\/p>\n

Why is this good? Because of the one-penny-to-one-billion spending rule. The rule of thumb is that a one-penny change in the price of gasoline leads to a $1 billion increase in household consumption on an annualized basis….gasoline accounts for $2,500 of household spending each year.<\/p><\/blockquote>\n

Read more at Bad Has Never Looked So Good | Oilprice.com<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Energy Burrito writes that gasoline prices have fallen nearly 30 cents from their Summer highs: Why is this good? Because of the one-penny-to-one-billion spending rule. The rule of thumb is that a one-penny change in the price of gasoline leads to a $1 billion increase in household consumption on an annualized basis….gasoline accounts for $2,500 … <\/p>\n

Continue reading “Bad Has Never Looked So Good”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[44,5,34],"tags":[800,1518],"class_list":["post-10876","post","type-post","status-publish","format-standard","hentry","category-crude-oil-natural-gas","category-economy","category-us-canada-countries-regions","tag-consumption","tag-gasoline-prices"],"yoast_head":"\nBad Has Never Looked So Good - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bad Has Never Looked So Good - the patient investor\" \/>\n<meta property=\"og:description\" content=\"Energy Burrito writes that gasoline prices have fallen nearly 30 cents from their Summer highs: Why is this good? 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Household debt subsequently fell to\u2026","rel":"","context":"In "Banks & Interest Rates"","block_context":{"text":"Banks & Interest Rates","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/the-fed-banks-interest-rates\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":50117,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/03\/18\/us-gasoline-prices-consumer-sentiment\/","url_meta":{"origin":10876,"position":2},"title":"US gasoline prices & consumer sentiment","author":"Colin Twiggs","date":"March 18, 2024","format":false,"excerpt":"There is a historic link between US gasoline prices and consumer sentiment. The March University of Michigan survey shows consumer sentiment is rising, with the 3-month average at 77.5. Roughly mid-way between peaks and troughs over the past sixty years. But real retail sales also dipped below their long-term trend\u2026","rel":"","context":"In "Crude Oil & Natural Gas"","block_context":{"text":"Crude Oil & Natural Gas","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/gold-commodities\/crude-oil-natural-gas\/"},"img":{"alt_text":"University of Michigan: Consumer Sentiment","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-18-uom-sentiment.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-18-uom-sentiment.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-18-uom-sentiment.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":3756,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/03\/08\/brent-crude-headed-for-145\/","url_meta":{"origin":10876,"position":3},"title":"Brent crude headed for $145","author":"ColinTwiggs","date":"March 8, 2012","format":false,"excerpt":"The long-term, monthly chart shows Brent crude testing resistance at $125\/barrel. 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Peterson, Chief Economist\u2026","rel":"","context":"In "GDP and Activity"","block_context":{"text":"GDP and Activity","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/gdp-and-activity\/"},"img":{"alt_text":"Conference Board: Consumer Confidence","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-27-confidence.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-27-confidence.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-03-27-confidence.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":44118,"url":"https:\/\/thepatientinvestor.com\/index.php\/2023\/09\/13\/nfib-small-business-survey\/","url_meta":{"origin":10876,"position":5},"title":"NFIB small business survey","author":"Colin Twiggs","date":"September 13, 2023","format":false,"excerpt":"The NFIB small business optimism index remains at depressed levels, declining to 91.3 in August, compared to the 49-year average of 98. 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