This email contains graphics. If you are unable to view them, please click here.

The Price at the Pump
and its Impact on the Economy and Consumer Confidence

Beta Gamma Sigma invites you to share your opinions with us by sending emails to bzine@betagammasigma.org.
Linked Articles:  
High gas prices hurt U.S. confidence: Reuters/Ipsos poll
from Reuters
Rising U.S. gasoline prices have damaged confidence in the country's future and forced Americans to change their spending habits and lifestyles, a Reuters/Ipsos poll released on Wednesday found.
Retail Sales Rose In March As Inflation Fears Emerge For Food, Gas Prices
from forbes.com
Retail numbers from the Commerce Department Wednesday show that consumers have found more spending momentum to meet rising commodity and materials costs that are already being passed directly to consumers

Economic Optimism Sinks in March
from seekingalpha.com
That sucking sound you hear is the sound of soaring gasoline prices crushing consumer confidence – the lifeblood of the global economy for more than a generation.

Rising Gas Prices Force Consumers To Make Choices
from npr.com
In some parts of the country, gasoline prices have hit $4 a gallon. The U.S. Energy Department estimates gas prices nationally will average $3.86 per gallon through the summer.

Sky-high gas prices could delay recovery
from bizjournals.com
With gas prices rising to a national average of $4 a gallon, analysts are growing more concerned rising prices will affect the fragile economic recovery.

Gas Prices: Are We at the Breaking Point?
from time.com
Gas stations might want to think about offering direct deposit.

Inflation stokes fears over shopper resilience
from marketwatch.com
As gasoline prices rose by a third in the past year to an average of $3.80 a gallon, with cotton costs more than doubling, and with other inflationary pressures also looming on the horizon, worries about the resilience of U.S. consumers have intensified.

Oil prices key risk to solid global recovery: IMF
from Yahoo! News
The global economy is firmly on the mend in 2011 but faces rising headwinds, particularly from higher oil prices.

Three Reasons Oil Prices Could Drop to $85 a Barrel
from wsj.com
Oil prices are in retreat, and it could be the start of a return to saner energy prices. As recently as mid-January, light, sweet crude fetched $85 a barrel. Today, oil is in retreat, but still above $107 a barrel.

High oil prices are here to stay
from csmonitor.com
A number of forces continued to push oil prices higher last week, reaching their highest levels in the U.S. since September 2008.
BGS Lifetime Member Resources
BetaNet - BGS Homepage
BGS CareerCentral
BGS Store 
BGS Member Benefits 
Contact Beta Gamma Sigma
Join the Beta Gamma Sigma group on LinkedIn
Follow BGS on Twitter
Become a fan of BGS on Facebook
Benefits
 

Beta Gamma Sigma, Inc. © 2011
125 Weldon Parkway
Maryland Heights, MO 63043
Phone: 314.432.5650
Fax: 314.432.7083
Email: bgshonors@betagammasigma.org

Beta Gamma Sigma and the Key logo are registered trademarks of Beta Gamma Sigma, Inc.