Hugo Chavez and his War on The Empire
OCTOBER 29th 2008 (Utila Eastwind) Hugo Chavez has been making big waves on the international political scene and there is a growing argument that could, at least partially, lay the blame on him for the... 841 views | 24 recommendations | 6 comments
The West’s Or Obama’s Oil Weapon
This was an exclusive for Israelseen. Tsvi is a wonderful and insightful person. A futurist and historian. This piece was actually inspired by a Shai Agasi interview on ted.com about the future of...
Oil Industry Leader Sends Message to Congress
American Petroleum Institute President Jack Gerard sent a letter to members of Congress Friday. Below is the text of that letter with helpful links added (by me): "Dear Member of Congress: As the Congress... Oil on the Rise
In Europe, oil hovered above a four-month high today at $52 a barrel, recouping earlier losses as the market sought a new base above fifty dollars and after news of a ship collision in the key Strait of Hormuz shipping lane. Traders took profits...
Crude Oil is Dropping, So Why is Gas so Expensive?
People who are paying attention have probably noticed that while crude oil costs continue to decline the price at the pump has been inching upwards. This is in direct violation of the ideal of supply and...
Oil price slides to 20-month low
Despite hope from the oil markets that demand from China would see an end to the oil price slide prices today fell to a 20 month low. Wether this will be reflected anytime soon in price falls at fuel pumps is...
created by LotusFlower | 1 year ago | updated 1 year ago
298 views | 67 recommendations | 10 comments
298 views | 67 recommendations | 10 comments
Devaluation of Pakistani Currency
"When Musharraf resigned few months back, the Pakistani rupee was hovering around Rs. 66 per dollar and oil prices were around $90 per barrel and when Musharraf was removed, i remember the famous Kamran Khan of Geo Tv shouting with emotions that Pakistan has been saved as...Oil prices dip below $62 despite OPEC production cutbacks
Oil prices hit a record low for the year, dipping below $62US per barrel before rebounding slightly to close at just over $63US. OPEC had announced cutbacks to crude output but this appeared to have little...Futures Freeze as Stock Markets Plunge Despite Oil Prices Drop
As the trading day winded down in the East, western markets opened on a gloomy note as the UK is officially "on the brink of recession", even as OPEC initiates emergency measures to force oil prices to drop....If you can’t earn anything in a savings account or T-bill, you might as wel...
If you can’t earn anything in a savings account or T-bill, you might as well have gold, right? The Nov NYMEX crude oil futures contract rolled to the Dec contract, which closed at $66.75. Overnight it rose to...OPEC Ponders Price Drop as Oil Usage Declines
OPEC is divided on its pricing and supply strategy, with some nations favoring a decrease in output and a rise in prices, while others want the opposite. While they try to present a unified front, countries that make up the Organization of Petroleum Exporting Countries...Gasoline Price Makes Biggest Drop Ever
The average rate for a gallon of gasoline in the US fell drastically, as the largest drop on record. Consumer demand, falling oil prices and the worldwide financial crisis have all driven the price of gas...
created by Terri Potratz | 1 year ago | updated 1 year ago
186 views | 4 recommendations | 2 comments
186 views | 4 recommendations | 2 comments
