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...

The senseless rise and fall of gas prices

Can the politicians please step up to the plate and address the senseless rise and fall of gas prices in North America?  With elections ongoing in both Canada and the United States, how is the apparent price...

Wisdom of the East

"So, it is not correct to say that oil prices go up because of shortage or war. The fact is that there is more production of oil today than was the case some 10 years ago. The production is going up, the consumption is going up, but refinery capacities are not increasing in a...

are oil companies price gouging?

Oil prices have been soaring, and so have the profits of the oil companies apparently."Exxon Mobil Corp. (XOM) rewrote the corporate record books Thursday as the oil company's third-quarter earnings soared...

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