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The Price Of Oil - Page 54

Gas pump prices highest ever for this time of year

U.S. Gasoline prices have jumped to the highest levels ever for the middle of February. The national average hit $3.127 per gallon on Friday, about 50 cents above a year ago. Ref. Source 4

Oil Price The

Get ready everyone, look out for the price increases on absolutely everything on the planet needed for survival; food, fuel, real estate, etc:

The Price Of Oil History & Civil Business Politics

LIBYA: Turmoil sends crude oil prices soaring
Local French Business Updates

The turmoil in Libya - Africa's fourth largest oil producer has sent crude prices soaring, pushing the price of Brent North Sea crude up to as much as $108.57 per barrel on Wednesday, the highest level since September 2008.
Source: Business news, technology, media and finance reports

Page 54 Oil Price The

Oil did drop today but I feel that is going to be short lived. I hope that things stabilize in the middle east soon and hope that we are not seeing the beginnings of the third world war.

Oil Price The

Fill up now: Petrol price set to rise again

Pressure is building on petrol companies to increase prices as their margins plunge, with the AA saying motorists should take the chance to fill up now. Ref. Source 6

The Price Of Oil

Media ignores meteoric gas price increase

What was the big story in the 2008 election prior to the market collapse? Gas prices. All the Democrats were leading the charge, complaining that George W. Bush and his cronies were in bed with big oil and making prices go up. Hillary Clinton even declared if America wanted gas prices to decrease, elect democrats. How's that working out? Prices have climbed 17 cents in one week. Ref. Source 4

The Price Oil - Page 54

The Collapse of the Old Oil Order How the Petroleum Age Will End
By Michael T. Klare

Whatever the outcome of the protests, uprisings, and rebellions now sweeping the Middle East, one thing is guaranteed: the world of oil will be permanently transformed. Consider everything that's now happening as just the first tremor of an oilquake that will shake our world to its core. Ref. Source 2

The Price Oil Politics Business Civil & History - Page 54

Yeah these revolutions are not going to help the price of oil (gasoline). I know that it is partially because of the republicans in my state. I don't know though if it gets much higher many people are going to be more than strapped. I only use my car to get to work and back and that is getting expensive.

I can imagine that many people are going to have to cut out groceries and bare essentials like that from their budget in the future. There is going to be a lot more angry people in America pretty soon.