Gas At $1.25 Per Gallon: How We Get There in Six Weeks
The book’s title and subtitle pretty much preview the contents of the book. The one exception would be the book’s longest chapter (approximately ¼ of the book’s content), which discusses and challenges the Federal Reserve and its five year-long “stimulus” effort known as the Q.E. programs. It raises such under-publicized issues as “the fairness factor” and “the inventory durability factor”. More
Why read this book? Well, for starters, when this book was published in July of 2013, the author was one of a very few, if not the only writer in the world, arguing that crude oil and gas prices were at least three times higher than they should be. At that time the going price for crude oil was roughly $100 per barrel, and the price of regular gas in metro Atlanta exceeded $3.50 per gallon. In February of 2016, crude oil prices fell temporarily to less than $27 per barrel, and some metro Atlanta regular gas prices fell temporarily to $1.37 per gallon.
Gas At $1.25 Per Gallon: How We Get There in Six Weeks, written and edited by Bob Rice, was published in July of 2013, yet the book accurately describes who is responsible and what has actually occurred during the past three years in the crude oil and financial markets. More importantly, in simple and straightforward language, the book outlines what will likely occur economically in the weeks and months ahead in the face of dramatically lower (or higher) crude oil and fuel prices.
If you are upset that crude oil and gasoline prices continue to abruptly rise and fall without a clear cut reason, then read this book. (Consider for example, that the ever changing price of crude oil almost doubled from February 11, 2016 through June 9, 2016, even though the International Energy Agency and other such organizations have reported record high, “enormous” stockpiles of crude oil, stored in tanks, barges and pipelines throughout the world during the same time period.)
If you would like to know what you can do to help virtually insure that gasoline prices become more realistic, more stable and fall back below $1.50 per gallon, then read this book.
If you would like to understand why gasoline prices are almost always still ”artificially” high, even when such prices are relatively low or temporarily falling, then read this book.
If you would like to know why and how federal government policy makers are promoting (not discouraging) high fuel prices across America, then read this book.
If you are a dedicated environmentalist and you feel that lower gas prices will harm the planet ecologically, then read Chapter 6 of this book.
If you would like to better understand the near “lock step” daily rise and fall of crude oil prices vs daily worldwide changes in stock index prices (a classic case of the tail wagging the dog), during the first six months of 2016, then read this book.
IF YOU HAVE A 401k, IRA OR ARE OTHERWISE ‘PASSIVELY’ INVESTED IN THE FINANCIAL MARKETS, THEN PLEASE READ THIS BOOK, ESPECIALLY CHAPTER 1 AND THE LAST SECTION OF CHAPTERS’ 7 AND 9.
If you would like to understand more about a federal, semi-private, somewhat secretive institution, namely the Federal Reserve Bank, which has almost certainly hugely affected your life economically, then read the 64 pages in Chapter 9 of this book. .
If you would like to better understand how federal politicians, both democrats and republicans, are quietly and consistently economically shafting the working middle class (and what can be done about it), then read this book from start to finish…and perhaps reread Chapter 10.
If you would like to better understand the so called “wealth gap” and several highly under publicized reasons for its existence, then read this book.
In other words, whether you have substantial financial interests at risk, or you simply would like to read a “different take” on what is actually going on, economically speaking, in Washington D.C. and beyond, then this book will provide a version that you have not heard, watched or read about before. Then again, if you do not like to read, or perhaps you are short on time; well, it’s only money…not your physical, mental or spiritual health that is at risk.