Archive for the ‘World Economy’ Category

Pickens Plan

Tuesday, July 8th, 2008

The T. Boones Picken plan has been unveiled. T. Boone Pickens has unveiled a new website and video that outlines the problem with dependence on foreign oil. Here's the video. The solution, according to T. Boone Pickens. There is a Solution America is blessed with the world's greatest wind power corridor ...

Oil Settles Above $145 For The First Time

Thursday, July 3rd, 2008

The pain at the pump is becoming chronic, and there doesn't appear to be any end in sight for motorists. Gas is now being sold nationally at around $4.10 a gallon, just in time for the Fourth of July weekend. At this stage of the game, crude oil ...

Oil Shock

Wednesday, July 2nd, 2008

Oil shock has hit the world, according to leading energy experts. With crude oil trading at $141 a barrel, it seems people worldwide are becoming slowly aware of the enormity of the crisis. Since oil is at the center of business worldwide, higher prices on oil are causing ...

Steven Colbert Weighs In On The Oil Crisis And Offshore Drilling

Wednesday, June 25th, 2008

The oil crisis and the specter of offshore drilling are on everybody's mind, including Steven Colbert. He thinks we don't have much time before the crisis really screws up our way of life. Check out the video. Steven Colbert certainly has some interesting ideas to cure the oil crisis, ...

John McCain $300 Million Prize - Clean Car Challenge

Monday, June 23rd, 2008

Obvious problems facing our nation are the high cost of transportation fuel, and global warming due to excess pollution, largely due to gas engines. These problems can be tackled by the American people, according to Republican Presidential candidate John McCain. "In the quest for alternatives to oil, our ...

Oil Prices Debate - Privatization Of Oil Industry

Sunday, June 22nd, 2008

Remarkably enough, there are certain people in the U.S. government who have already started debating whether or not the oil industry should be privatized. Privatization is always a complex issue, and the drawbacks are enormous. Check out this debate on the issue, and pay special attention to the ...

Oil Summit In Saudi Arabia Begins

Sunday, June 22nd, 2008

OPEC and world leaders are at a meeting in Saudi Arabia to discuss the underlying causes of skyrocketing oil costs. The high price of gas has stalled the world's largest economies, and is sending fear through the investment world. Saudi Arabian officials warn that there will likely be ...

Opec Leaders Meet About High Oil Prices

Saturday, June 21st, 2008

Everyone is talking about sky high global oil prices. Now even the leaders of OPEC are having a discussion about the subject. Sauid Arabia, the world's largest oil producer, has been pushing OPEC member nations to increase their output. Not everyone thinks that's such a great idea. ...