Spain nears a credit crisis, worldwide markets are down, and U.S. borrowing costs near zero. Some economists argue this economic instant is the best time for the U.S. government to invest in infrastructure projects.
The top nuclear official at the United Nations said today that a deal has been reached with Iran to allow the U.N.’s investigation into Iran’s nuclear program to continue. So what does this mean for the price of oil, which spiked earlier this year because of tensions with Iran?
U.S. home prices stayed basically flat in February according to the S&P Case-Shiller Index. Without adjusting for seasonal fluctuations, prices actually dropped 0.8 percent to reach the lowest level since 2002.
Anyone who’s filled up a gas tank recently would probably conclude there’s not enough supply and there’s too much demand, that’s why it costs almost $4 on average a gallon nationwide to fill up your tank. But when it comes to natural gas the supply demand problem is just the opposite.