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 »
Wednesday, June 25th, 2008
Fuel prices have continued a steady climb upward and lawmakers are looking into making regulations on the very profitable business of oil speculation.
Analysts and Oil producers agree that excessive paper trading going on the oil commodity futures is to blame for higher fuel costs. These speculators never actually trade the ...
Posted in Futures and Commodities | No Comments »
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, ...
Posted in World Economy | No Comments »