Tag Archives: oil prices
Oil Hits 32-Month High As Unrest Persists in the Middle East
Oil prices keep going up. Gas prices too. We filled up our tank on Wednesday and paid $4.19 per gallon for the cheap stuff. What gives? According to the President high oil prices are caused by speculators gaming the oil … Continue reading
The Powers of Nature
We greeted the news Friday night with the lethargic disappointment that comes with a second helping of cheese cake. We’d longed for a government shutdown…and to see the army of beltway administrators without a purpose in life come Monday. Instead … Continue reading
Washington’s Budget Cut Farce
Market analyst David Rosenberg of Gluskin-Sheff sees another recession storm appearing on the horizon. The dark clouds forming are rising food and energy costs. He doesn’t believe consumers will be able to weather their fury. Using a little historical analysis … Continue reading
Removing All Doubt
Oil prices jumped above $106 per barrel this week. What gives? The short answer: global supplies are tightening while consumption is increasing. “Energy economists continued to gauge how recent unrest in Libya, Bahrain, Yemen and Syria will affect exports from … Continue reading
