The other day I was arguing $100 a barrel oil equals a global recession. I wanted be more precise: is there a certain price of petrol, above which the economy goes into recession? There is, and we’re way above it. The political upshot: the best way to promote growth is decreasing our oil dependence.
Updating a post from a few months ago, here’s how Labour’s Roy Morgan poll numbers are going compared to the price of petrol since the […]
Petrol is over $2.10 a litre. The price will keep rising both with the ever upward march of the price of crude and […]
We regularly hear calls (not backed by any major party, including National) for the taxes on petrol to be lowered or removed because […]
