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Crude Oil Prices Have Been on a Rollercoaster Ride, so Where to Next?
After falling back from highs last year over $150 per barrel, oil prices have fallen down below $50 only to rise to $70 today. These shifts reflects changes in speculative practices as the trading markets...
0 commentsHow Markets Work - The Case of Falling Gasoline Prices
October 20, 2008 Since peaking at a price of around $145 per barrel in July of 2008, the price of crude oil has been falling at a fairly rapid rate. By mid-October 2008 the price of a barrel of crude oil...
1 commentGas Prices: The Oil Well Has Blown Its Top!
Since writing this hub gas prices have fallen as crude oil prices fall in wake of the global economic slowdown. Will they go up again? Well, increased demand usually eventually spurs increased costs for...
35 commentsStraws in the Wind March 27, 2008
I don't recall seeing so much bad news in one day's Wall Street Journal as I did this morning. Front page Money & Investing: Bond, Loan markets Remain Wary--Despite Fed's Efforts, Interest-Rate 'Spreads'...
2 commentsBoone Pickens the social networker? Pickensplan.com launches!
T. Boone Pickens, the legendary billionaire oil tycoon, has developed a rather definitive plan for the United States to become less dependent on foreign oil through alternative energy. Just today Pickens...
7 commentsHit OPEC Where It Counts
I'm going to address this hub to Senator Obama, mostly since we know the John "Shoot From The Hip" McCain doesn't have a diplomatic bone in his body, and because it is my expectation that Senator Obama will...
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