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Close Topic OptionsThe Price Of Oil - Page 56 of 81
This is the problem with Oil being traded - Page 56 - Politics, Business, Civil, History - Posted: 24th Jun, 2011 - 12:02am
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Gas Prices Go Up and Up and Up - Global Fuel - A lot of North Americans complain about the high price of Gasoline, but did you know that North Americans pay less than many other developed nations for Oil and Gas?Post Date: 30th Mar, 2011 - 11:12pm / Post ID: #
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The Price Of Oil - Page 56
Obama to address high energy prices
If he was consistent he'd declare mission accomplished because he's 'necessarily' skyrocketed energy prices. But he's not, so he's going to pretend he's concerned while blaming the oil companies. Obama's solution? Cut back oil imports and tell Americans to 'decrease consumption' of oil and burn more food for fuel (ethanol). Ref. Source 5
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Post Date: 12th Apr, 2011 - 11:23pm / Post ID: #
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Oil Price The
Gas Prices Climbing Toward $5 Per Gallon:
Some experts say $5 per gallon gas is possible by Memorial Day-or sometime in summer. Others caution that reaching that mark is unlikely over the next six weeks. In Chicago, the prices keep rising to near-record levels-with no relief in sight. Ref. Source 9
The Price Of Oil History & Civil Business Politics
Our local prices are out of control! The highest I've seen so far is $4.19, but each rise in oil prices bumps it up. I've already seen a steep rise in grocery prices, particularly fresh produce. It sure makes the budget irrelevant.
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Post Date: 27th Apr, 2011 - 1:29am / Post ID: #
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Page 56 Oil Price The
Obama to investigate high gas prices
President Obama is really serious about getting to the bottom of skyrocketing gas prices. Has he cut all the red tape on drilling in the gulf? No. Has he lifted unreasonable environmental standards which increase costs to the consumer? Nope. That'd be a good place to start - even better, as Glenn explained on radio today, would be to stop devaluing the dollar. The Saudi's say there isn't a shortage of oil being pumped - it's the weak dollar that's causing high prices. How? Ref. Source 9
Post Date: 7th May, 2011 - 2:24am / Post ID: #
Oil Price The
Name: Zefa
Comments: It angers me that we have to pay these ridiculously high prices for something coming FREE and NATURALLY from the earth! There is more than enough oil to go around but billionaires think they should still charge more. I hate the high gas prices and its going to get worst because Summer is almost here.
Post Date: 23rd Jun, 2011 - 1:49pm / Post ID: #
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The Price Oil - Page 56
The U.S. And International Energy Agency will release 60 million barrels of oil from reserves to stablize world energy markets.
The U.S. Will release 30 million barrels from its Strategic Petroleum Reserve and the rest will come from the International Energy Agency, U.S. Energy Secretary Steven Chu said today. The oil will be released in the next 30 days to offset the disruption in the oil supply caused by unrest in the Middle East. Ref. CNN
The Price Oil Politics Business Civil & History - Page 56
This is the problem with Oil being traded on the market. The price can easily be driven by speculators who have no need for the oil but only use it as a temporary way to gain profits. The last bubble we had was driven heavily by speculators and in the end a lot of them got left holding the bag as the price just dropped. I haven't looked at the ramp up in price compared to the last oil bubble, but it feels a little more tenative from the speculators side. None the less, if there really is a shortage of supply and not a fear of supply, the price hike is valid. If it is fear that is the driver, I would really be careful investing here.
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TOPIC: The Price Of Oil