Shale Oil & Gas Revolution

Report shows gasoline prices could be approaching the "danger zone"

shale-oil-and-gas-revolution
From PragCap:
 
... Watching the Daytona 500 from the "danger zone," where cars whip by at high speeds of around 175 mph to 200 mph — but can also burst through the walls in a crash — can be a thrill.
 
But gasoline's "danger zone" may be just plain scary.
 
At $3.75, retail gasoline prices are nearly back in the "danger zone" marked by the highs of around $3.85 to $4.10 per gallon seen over the past five years, as you can see in Figure 1. This range has marked a "danger zone" for market participants.
 
When gasoline prices reached this range in the past, it preceded the stock market slides experienced in...
 
 
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