Don’t cancel that summer vacation

If businesses in your area depend on the summer tourist trade or if you take an annual family vacation, you are probably concerned about higher gasoline prices. Gasoline is approaching $4.00 per gallon. Prices at the pump are forecast to be even higher this summer. How much will rising gasoline prices affect the cost of […]

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Oil, Part I: The Leading Exporter of Crude Oil to the US

With gasoline again breaking the $3.00 per gallon barrier and violent demonstrations and unrest spreading throughout the Middle East, oil is again in the headlines. According to the U.S. Department of Energy (DOE), net imports accounted for 51% of the total petroleum consumed in the U.S. in 2009. What country exported the most crude oil […]

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The cost of a 10 cent increase in gas prices

Gasoline prices are rising again.  As the global economy recovers, the demand for oil increases.  Add the unrest in the Middle East, and prices at the pump are likely to continue moving higher rather than lower. Every penny increase in gasoline prices costs Wisconsin drivers an estimated additional $68,000 per day. That might not sound […]

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