Tuesday, September 23rd, 2008
Here we go again.
Thanks to uncertainty regarding the proposed U.S. Government bailout of the financial sector (which, by the way, is looking more like a band-aid on a bullet wound), the dollar having its single worst day against the euro and other currencies, and commodity traders covering their short sales, ...
Posted in Alternative Fuels, Gas Prices, Oil Prices | 2 Comments »
Sunday, July 6th, 2008
The last time the price of crude oil closed below $100 a barrel was back on March 3, 2008. As of this past Friday - four months since the final sub-$100 close - the price of crude oil closed at a record high of $145.29 per barrel.
Increasing global demand ...
Posted in Oil Prices | 4 Comments »
Monday, April 28th, 2008
Unless you've been able to avoid the news for the last two years, you're probably well aware of the fact that the price of crude oil has been on a strong and steady climb.
While there are some economists who claim that the major factors behind the dramatic increase in price ...
Posted in Oil Prices | 15 Comments »
