Author Archives: bossit

http://www.eia.gov/todayinenergy/detail.cfm?id=26072&src=email Between June 2014 and February 2016, the CPI for urban consumers fell 1.2%, and the EIA found that the biggest component of this decrease was reduced expenditures on energy. The energy component of the C-CPI-U decreased by 35.3%, showing … Continue reading →

Saudi Arabia and Russia, the two biggest oil-exporting nations in the world, reached a deal on Tuesday to freeze their production at their current record-high levels of production. This deal is meant to prop up the price of oil, which … Continue reading →