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EconMatters: Since the Global Community all the sudden seems to be preoccupied with Market manipulation even though the authorities knew it was a problem for over 5 years with Libor Rate Fixing. It is high time authorities look at the Crude Oil market which has been Read more…
Dominique de Kevelioc de Bailleul: The triggering event to WWIII could be as early as October, according to Debka-Net-Weekly’s intelligence moles. Iran cannot be allowed to sell Iranian oil for any other currency other than the U.S. dollar—a fatal mistake Iraq’s Saddam Hussein Read more…
Sean Brodrick: OPEC is meeting today in Vienna. And boy, does this group have a lot to talk about. That’s because the price of U.S.-benchmark West Texas Intermediate crude is down about 25% since hitting a 10-month high of $110.55 a barrel back in March. Read more…
Larry D. Spears: Forecasts for oil prices in the second half of 2012 and on into 2013 are varied, but there’s one point on which virtually all agree: Oil prices won’t be going down. Read more…
Elliott Gue: My outlook for crude oil prices remains relatively unchanged since the beginning of 2012. Potential demand destruction brought on by persistently high oil prices should limit upside for oil prices (NYSEARCA:USO). Read more…
Kent Moors: Despite a recent price pullback, my “oil constriction” approach for how to profit from high crude oil prices has not gone away. In fact, it is right on track. Read more…
Sean Brodrick: Could high oil prices kick America into another recession? What’s driving these triple-digit oil prices? Are prices headed higher or lower? Read more…
Keith Fitz-Gerald: If you think gasoline prices are volatile now, stay tuned. President Obama’s plan to clamp down on oil speculators is going to make things worse. I’m sure you’ve seen the news by now. Read more…
EconMatters: Brent crude ended trading above $120 a barrel on Friday, April 13, while WTI crude on NYMEX for May delivery settled at $102.83 a barrel. Oil has traded above $100 for all but a couple of days in the past year (see chart below). This persistent high oil price has many concerned to start threatening Read more…
Martin Hutchinson: Last Friday’s weak unemployment numbers, with only 120,000 jobs created, brought renewed wails that high oil prices were causing a recession. Having heard this refrain so many times, I thought I’d dig a little deeper. Read more…
Tom Essaye: As I look back on the first quarter of 2012, one of the most glaring events was the rise in gas prices here in the U.S. Wholesale gasoline began the year at $2.66/gallon on the NYMEX, and closed last Friday at $3.33, a gain of 67 cents … a jaw-dropping 25 percent. Read more…
Kent Moors: A number of you have contacted me asking some variation of the same question. How can the price of oil be declining, yet the price of gasoline remain so high? Read more…
Michael Snyder: Is America on the verge of a horrible municipal debt crisis? Unfortunately, the answer is yes. From coast to coast there are an increasing number of cities, towns and counties that are rapidly going broke. Financial analyst Meredith Whitney took a lot of heat when her prediction of a Read more…
Jeff Harding: Every time we see oil prices go up we hear that it will cause inflation and/or the economy will go into the tank. Read more…
Dian L. Chu: U.S. regular gasoline price has spiked almost 4% in one week to $3.688 a gallon as of Feb. 26, the highest level since last September, with residents in three states–Alaska, Hawaii, California– are already seeing above $4 at the pump, based on AAA’s Daily Fuel Gauge Report. Read more…
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