Concern over energy prices, and indirectly, food prices has reached critical levels across the world. Here in the United States, more and more of us are scraping by and doing without essentials. Food bank participants have...read more
by A.W. Berry
In 2008 oil prices reached new levels never seen before. Just a few years earlier, $50.00/barrel seemed like it was high, but things changed. Global supply became tightly linked to an increasing demand causing a steep ri...read more
In 1973, just before the Arab oil embargo, we imported about 25% of our crude oil from abroad. When the automobile fuel-up lines at the gas stations reached their height that year, the politicians of the day raised their h...read more
Actually, I would have to say that there IS an end to high oil prices. And, it is probably going to come sooner than you think. Today, April 17th, we set a "new record" at about 115 bucks. Makes 90 dollar oil seem p...read more
by Tommy LaBar
Many people have been predicting a fall in oil prices. Their reasoning ranges from the market has gone up to far too quickly to an economic slowdown in China will lower demand. However, there isn't a good chance tha...read more
You think that will ever stop? The torture that is the oil prices and the never-ending conquest to be purchased without it taking more money away from you making it harder to survive isn't coming to an end. In fact, it's...read more
Oil has continued to set new recordsover the past few weeks. Indeed, it is on course to break US$90. It is noteworthy that oil companies and their supporters continue to ridicule the increases and the growing prospect of...read more
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