Energy

Oil Prices Fall as Economy Falters

US consumers may be celebrating the recent fall of gas prices, but a number of disturbing fundamentals lie behind this seemingly positive development . If we examine the underlying causes for the recent fall of oil from about $150 to under $70 a barrel, we will find some unsettling surprises. First, we must understand that […]

Green is the New Green

One of the variables underlying the current economic crisis is of course the price of oil. From airlines to SUV owners, to those who heat their homes with oil, everyone is feeling the wild fluctuations in this commodity. Although oil is down right now, all rational projections are that the price of a commodity with […]

World financial turmoil affect crude oil prices

Oil prices are now above $91 a barrel, after hitting the eight months low because of significant global economic concern, this concern limits to growth and undermines the global demand for crude oil Space with a world financial crisis still going on animist suspect that oil prices will stay low. In the last three months […]