Oil Rebounds On Iran Missile Tests

Wednesday, July 9th, 2008

Oil price reversed a two day decline as "supply worries" re-appeared on the scene. What prompted those worries? Iranian missile tests that seem to indicate Iran has enough military clout to attack one of their neighbors. Accompanying the missiles was the required saber rattling rhetorhic the Islamic ...

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 ...

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, ...