U.S. Energy Boss: Not Speculators, Shortages the Blame for Oil Prices

OpinionBarry Artiste, Now Public ContributorThe U.S. Energy Boss blaming shortages and not speculators driving up oil prices certainly must be the same slick oil salesmen who has Prime Swamp land in Florida for...

Floods cause corn prices to hit record high

Corn prices hit a record high today as a result of the flooding in the Midwest.  "The worst flooding in the Midwest for 15 years sent fresh shocks to global markets and consumers on Monday as corn prices hit...

Saudis Run out of $50.00 a Barrel Oil, Find New Reserves of $150.00 A Barrel Oil

OpinionBarry Artiste, Now Public ContributorSeem since President Bush's visit to Saudi Arabia to get the Saudi's to increase oil output failed last month, it seemed because the Saudi's ran out of $50.00 a barrel...

Indonesia to withdraw from Opec

"Indonesia has said it will quit the oil producers' body Opec as it is no longer a net exporter of the commodity."

‘Help fight food crisis; scrap subsidies, lower tariffs’

Too many numbers cause me migraine.  But I think I got the idea of this article...    ...WTO is bad for your health."Rich countries can help solve the ongoing world food crisis by removing their own agriculture subsidies and lowering tariffs, Senator...

Unrest, Asian growth and speculation explain $100 oil: analysts

"Oil prices have quadrupled in five years, propelled by geopolitical tensions, surging demand from Asia and new buying interest from investment funds, analysts say. The weakening US dollar, which fell again on the foreign exchange market on Wednesday, is also to blame because...

Indonesia seeks 25,000 tonnes of Vietnam coffee

""Indonesian companies are talking with Vietnamese exporters to buy 25,000 tonnes for early shipment as our stock is very low now," Litha Brent, vice chairman of the Association of Indonesian Coffee Exporters (AEKI), told Reuters.A Vietnamese exporter, who was familiar with...

Oil market well supplied, OPEC agenda open-ministers

"On global oil supplies, the minister said: "They are definitely comfortable and they are definitely within the five-year average, and no one can deny it. That is a fact."The Organization of Petroleum Exporting Countries had no control over prices being determined by the...

Indonesia to buy six Sukhoi jets: Russia

Zhukovsky, Russia (ANTARA News) - Indonesia is set to buy six Sukhoi fighter jets Tuesday, a representative from Russian weapons exporter Rosoboronexport said at an airshow outside Moscow. "The contract is for 330...

Nigerian school without power receives 300 laptops

"A Nigerian school has received a gift of 300 laptops -- one per pupil -- but has no electricity to power them up, the official News Agency of Nigeria (NAN) reported Friday. Ndidi Nnoli-Edozien, coordinator of the...

'Giving the world something to look at' — Ethanol use is second nature in B...

"SAO PAULO, Brazil: The gap between rich and poor is wide in Brazil, but its drivers are largely equal at the pump. Day laborers jammed in minivans and professionals motoring solo in air-conditioned comfort can buy gasoline — or pay about 40 percent less per tank for...

Oil prices rise on Nigerian fears

"Global oil prices have risen on the back of violence and political turmoil in Nigeria, the world's eighth largest crude exporter. With militant attacks shutting down a fifth of Nigeria's oil production, London's...

Pipeline vandalisation killed at least 200 in Lagos

An explosion and blaze at a vandalised oil pipeline in Nigeria's main city Lagos killed at least 200 people and left dozens more badly burned, an AFP correspondent at the scene saw. Scores of bodies were lying in the...

Placing Blame for Mexico's Ills

The economic policies of the U.S. are at the heart of Sunday's presidential contest.

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