oil prices

Long term oil prices are up. However, one thing does worry me. US now taps oil reserves. Citizens, I do not agree. This oil reserve is for an emergency. Playing politics is way over. True, we are only taking a small portion, but it sets a bad precedent for us. What is going on in DC anyway. Also, why are we tapping our oil reserve.

Stocks fall oil jumps

It seems I have been telling the same story for several days now. This just in. Stocks fall and oil jumps. What is the reason? Let me guess. The Libyan crisis worsens. Folks, the whole middle east is on fire now. People are buying gold in a state of complete panic. Well, this should not be a major surprise.

Oil rises

Oil now rises. Politicians blame the closing of the Alaska pipeline, but that is not so. Folks, our situation is serious. There is a lot going on. It is far worse than the closing of a pipe. We hit peak oil in 2005 and now price are going up. Fact is that we get less than 5% of our oil from Alaska so this is minor. Hey, we are tired of all the excuses. Petroleum production is declining now. Demand however is increasing. People will pay at the pump.

Florida beaches hit with oil

Folks, the oil is coming. This is horrible news. I wish the gov stop lying to us. What is going on.

Oil price increase

Stock analysts say that our current economic crisis kept price of oil under $100/b, but that could soon change. Trouble in the Middle East could crimp supplies and make our world less stable.

Future price of oil is up. Most of us know that supplies of fossil fuels are limited and as we run out, prices increase.