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 ...
Posted in World Economy | No Comments »
Monday, June 30th, 2008
If you feel like you've been paying more than ever at the pump, you're not alone. The feeling is coming from the fact that you are indeed paying more for gasoline than any American in history. The national average for gas prices in the U.S. has now tipped ...
Posted in Futures and Commodities | No Comments »
Monday, June 23rd, 2008
Michael Masters of Masters Capital Management testified before congress today that oil speculators are playing a great role in the high cost of crude oil. According to the testimony by Masters to the House Energy and Commerce Committee, crude prices could quickly drop from $135 per gallon to ...
Posted in Futures and Commodities | No Comments »
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