Michael Snyder: The United States is not running out of oil. In fact, nobody on the entire globe has more energy resources than the United States does. The truth is that we are absolutely swimming in oil and natural gas and we have so much coal that we have no idea what to do with it all. At current consumption
Jared Cummans: As gas prices continue to maintain their high levels, consumers are growing tired of surrendering their hard-earned money at the pump. But a break in gasoline prices may not be on the horizon, as the U.S. already pays well below the average of a number of other developed countries around the
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.
Jason Simpkins: No one needs to tell the average American about the impact of oil and gas prices. If they don't feel it in their wallets every day, they hear about it on the news every night. But surprisingly, amid all the rhetoric, there have been no real answers to some of the key questions driving the energy
Jason Simpkins: With oil prices (NYSEARCA:USO) soaring ever higher, Saudi Arabia stepped in last week and vowed to increase its production by 25% if necessary. But while that assurance managed to siphon a few dollars off of oil futures, the reality is there's nothing Saudi Arabia - or anyone else, for that