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The complete Guide to Heating Oil
A thorough look at heating oil. How it’s made and the economics behind it. Gasoline Prices to Approach $5 Per Gallon by 2010!
If experts in the oil and gas and financial services industries are on target, Americans should expect to see fuel costs rise during the remainder of 2009. In particular, they should expect to see gas prices... Crude Oil Price to Jump 31 Percent!
By Bob McCarty at BobMcCarty.com When Rush Limbaugh mentioned Goldman Sachs’ prediction about the price of oil on his radio show today, I decided to share the statement American Petroleum Institute President Jack... 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 slips to $38 on US retail sales data
The Prices of Crude Oil continues to decline. Oil slipped back towards $38 a barrel on Wednesday, giving up big early gains after news of worse-than-expected US retail sales figures depressed stock markets and hit... Gas Prices to Rise Again in 2009
Canadians have enjoyed a few months of low gas prices due to the dropping price of crude oil, but industry experts and watchdogs are predicting a drastic change that will see prices at the pump back over the dollar... But overnight the price of oil rose 85¢ to $43.48 on the Lebanese
But overnight the price of oil rose 85¢ to $43.48 on the Lebanese attack on Israel The Feb NYMEX oil contract closed at $42.63, down substantially from $48.58 the day before and under the 10-day and 20-day moving averages. The WSJ says the 12% drop is the biggest...falling oil prices that set the stage for the us dollar currency
falling oil prices that set the stage for the us dollar currency recovery The Feb NYMEX oil contract closed at $48.81 from $46.34, breaking the 20-day moving average to the upside as well as the linreg channel top. This is quite frightening since it was falling oil prices... Somali pirates collect $150M in ransoms
Johnny Depp isn't the only "pirate" making millions. Kenya's foreign minister reported today that in 2008 Somali pirates collected more than $150 million in ransoms. Piracy of the real world kind is... 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
295 views | 67 recommendations | 10 comments
295 views | 67 recommendations | 10 comments
Oil traders think it will go well under $50
Oil traders think it will go well under $50 The Nov NYMEX Crude Oil futures contract rose to $71.85 at the close on Friday after $69.85 the day before, but events are racing ahead. OPEC will hold its meeting early on Oct 24 and announce a cut of 1-2 million barrels per day,...Oil prices tumble to 15-month low, below $68 per barrel
Oil prices are drastically changing again, this time they are in a tumble, but will we see a change at the pump? Oil prices have dropped to a 15-month low of less than $68 per barrel U.S., while the value of...Oil Prices are down 18% from a year ago and have dropped 51% from the record ...
Oil Prices are down 18% from a year ago and have dropped 51% from the record $147.27 a barrel reached on July 11 The Nov NYMEX oil futures contract closed lower at $74.53 from $78.63 the day before. It is now firmly under the $80 key level. Today it fell further to $71.21,...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
Crude Oil price fall could result in a production cut
Crude Oil price fall could result in a production cut The Nymex Crude Oil futures contract closed a bit higher than the day before at $90.06, from $88.96, although the chart is fairly clear-the crude oil trend is downward. We are sticking to our idea that a price of $80 is...
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