Wednesday, June 20, 2012

Other Things That Peaked in Early March


I mentioned this morning that oil prices peaked in early March (actually March 13th):


as well as global trade (which had a peak in March).

It's interesting to note that the Real Clear Politics vote share for President Obama peaked just a few days earlier on March 7th:


Apparently the President was better off with high oil prices than shaky growth and poor employment numbers.

1 comment:

Seth said...

I thought you would be interested in this post at Econbrowser on Peak oil and price incentives:

http://www.econbrowser.com/archives/2012/06/peak_oil_and_pr.html