In this part of the economic cycle, it appears that high interest rates, indirectly due to inadequate inexpensive-to-extract crude oil supplies, act as a brake on the economy instead of high oil prices. This confuses those who are expecting high oil prices to signal inadequate supply! [4] ...
The federal gasoline tax has remained at 18.4% since 1993 and exists with the intention of raising money to pay for infrastructure like roads and highways. The current structure of this tax dates back to 1957, when a system was set up to send all money made from the gasoline tax directly ...