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The AMERICAN people can sit at home, cut back, drive bicycles and mopeds, all the electric cars you want. Gas will be so high you won't be able to fill a lawn mower. GOVERMENTS only concern is your TAX dollars that they get regardless of what you do. This is ALL manipulated. AMERICANS trying to put logic and rules to t...more
Crude oil prices were initially lower on reports that Libyan rebels had taken control of territory near the capital of Tripoli and were allowing oil shipments to resume. But prices came back on worries of unrest in Bahrain and elsewhere.
The big discount between the price of Brent crude, traded in London, and light ...more
Oil and gasoline prices soared as last week as the rebellion in Libya virtually halted oil shipments from the country. WTI hit $103.41 a barrel on Thursday before falling back. On Monday, oil dropped on reports that a tanker bound for China was loading oil in the Libyan port of Tobruk and Saudi Arabia was boosting expo...more
I wonder how it would go if a plane full of diplomats from the Middle East came over here to talk to the GOVERMENT about what's going on in this country and what is being done to the working people. I assure you the GOVERMENT can't take it as well as they dish it out!!
David it is time for people to realize it is NOT what we are doing that is the problem. There is already a major surplus of oil and that hasn't helped anything. Address the problem as it is, GREED of Goverment and Special interest. We use less and China uses more guess what , we still get raped at the pump so it reall...more
It is now a world run by a Goverment which can not be held accountable for what they do or suffer any consequences for their actions, therefore they have everything to gain. Self given IMMUNITY. People can only be pushed so far, and I was taught early in life you don't push people who have nothing left to lose. All t...more
WE have an update:
Crude oil settled up 71 cents to $97.99 on news of more violence in Libya. Retail gasoline prices in the United States jumped nearly 6 cents in a day, the biggest one-day changes ever.
2/25/2011
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