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The shaded areas represent economic contractions.
See Also:
U.S. Crude Oil Production Per Capita
Source Data:
EIA:U.S. Imports by Country of Origin
National Bureau of Economic Research, Inc.
St. Louis Fed: Population Data
ICE: Mortgage Delinquency Rate Increased Year-over-year in October
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From ICE: ICE First Look at Mortgage Performance: Serious delinquencies hit
17-month high while foreclosure activity remains historically muted
• At 3.45% ...
1 hour ago
4 comments:
LOL
Ok, so after a bunch of us loss our jobs, we won't have to commute to work every day and will buy less gas.
It doesn't look like a very helpful indicator. Or is it just good news for global warming?
D'oh!
When I look at the squiggly lines I see a snake devouring a small rabbit. But hey, that's just me!
Ok, so after a bunch of us loss our jobs, we won't have to commute to work every day and will buy less gas.
But then there will be this fantastic recovery where we learn to import even MORE oil and petroleum products before the rest of the world can! Win win!
Meanwhile, we'll be training billions of people to drive cars so we can export them our services! You know, lawn care! Well, assuming we haven't found some other country to do that for us too.
EXCESSIVE USE IS A MISUSE
They looked at it and were aghast
When oil prices slithered past
Fifty a barrel--man alive,
I think it´s now past eighty-five!
Ah well, the policies pursued
Could not another way conclude
As even at that time--two years?--
Was said by those expressing fears.
An irresponsibility
Programs this flock of children free,
Consumerist Americans
Heedless what was known in advance.
The rise continues, up and up,
Yet no one is inclined to stop
Excessive use of that resource
Hard to replenish--but of course!
I.M.SMALL,
Bravo!
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