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History and Analysis -Crude Oil Prices
From the page: "During much of 2004 and 2005 the spare capacity to produce oil has been under one million barrels per day. A million barrels per day is not enough spare capacity to cover an interruption of supply from almost any OPEC producer. In a world that consumes... more
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http://www.stumbleupon.com/mainpics/1848026.jpg
Love this, always reminds me of George Carlin's words about plastic We're so self-important. So self-important. Everybody's going to save something now. "Save the trees, save the bees, save the whales, save those snails." And the greatest... more
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There Is No Gas Shortage - BusinessWeek
From the page: "Gasoline reserves on hand are at the highest levels since the early 1990s, which is remarkable considering the nation's refineries have been cutting back on the production of gasoline because their margins have declined. In fact, average gasoline... more
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Oil Prices Are All Speculation - BusinessWeek
From the page: "Seven years ago, Enron was fleecing California, extorting its people for electricity to the tune of billions of dollars. As is true today, some voices in the Administration claimed that supply shortages, not manipulation, formed the core of... more
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OPEC and Friends Want Oil Prices to Behave Like a Hot Air...
1 review • redgreenandblue.org
i tend to agree.
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The Daily Five: Tuesday, 2 September, 2008 | EcoTech Daily
Oil prices drop after Hurricane Gustav largely spares Gulf oil facilities; cheaper lithium ion batteries are coming; and solar garbage cans belly flop.
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67% Support Offshore Drilling, 64% Expect it Will Lower...
6 reviews • rasmussenreports.com
Most voters favor the resumption of offshore drilling in the United States and expect it to lower prices at the pump, even as John McCain has announced his support for states that want to explore for oil and gas off their coasts. A new Rasmussen Reports telephone survey,... more
