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Average Gasoline Prices for Week Ending 16 January 2017 Fell Almost 3 cents

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Average gasoline prices fell 2.9 cents this past week following the previous week's 1.1 cent rise.


Average prices by region and a breakdown by grade follow after "Read more....".

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 more WWRT

What We Read Today 17 January 2017

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary 'reading list' which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for 'reading list' items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).

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Every day most of this column ("What We Read Today") is available only to GEI members.

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 more features, analysis, studies, and news published in the last week

Massive Alligator Shocks Tourists As He Nonchalantly Strolls By On Walking Path

Video has emerged of a massive alligator strolling past an awed group of Florida tourists, as if it had not a care in the world. He also looked about as chill as alligators come. The gator, spotted at Circle B Bar Reserve in Lakeland, appeared to be about 12 feet long. The behemoth seemed indifferent to the tourists as they gaped and snapped photos.

Infographic Of The Day: The Trump Effect On Currencies

Targeting companies or entire nations on Twitter is an unprecedented and controversial method of communication for a President-elect - but one cannot argue with its effectiveness so far.

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Video of the Day:

Video has emerged of a massive alligator strolling past an awed group of Florida tourists, as if it had not a care in the world. He also looked about as chill as alligators come. The gator, spotted at Circle B Bar Reserve in Lakeland, appeared to be about 12 feet long. The behemoth seemed indifferent to the tourists as they gaped and snapped photos.


video of day picture





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This widget provided by DailyForex.com Forex News & Brokers

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Current Weather Outlook

Written by

NOAA maintains the fiction that we have a La Nina and now forecasts two weeks of wet followed by two weeks of dry. This part of the forecast may indeed work out if the ridge forecast over the Western U.S. materializes. We should be having very interesting and highly changeable weather for the next 30 days at least. At this point, three storms are teed up to impact the West and Southwest within the next ten days. Then the pattern changes to a more dry pattern. The temperature changes may be even more rapid.

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 more investing, markets, precious metals & forex

17Jan2017 Market Close: Wall Street Closes Lower As Trump Rally Looses Steam, Gold Gains, US Dollar Slips And Crude Prices Can't Hold On To Higher Numbers



 more opinion

Be Prepared For A Violent Fed Reversal

by James Rickards

The outlook for rates has taken what I call a U-turn. There's very little doubt that the Fed is on track to raise rates. This outlook is not in response to any particular piece of economic data or the overall economic picture. In fact there are plenty of arguments why the Fed should not raise rates based on economic fundamentals.

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 USA economy at a glance (boxed items are updates in last 7 days)

January 2017 Empire State Manufacturing Index Declined But Remains In Expansion.

Written by Steven Hansen

The Empire State Manufacturing Survey declined but remains in expansion. Important internals are mixed.

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