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Oil Prices Top $120 A Barrel For First Time
The price of oil rose above $120 a barrel for the first time Monday. Prices gained more than $3 to go as high as $120.21 a barrel in New York trading.An Inconvenient Truth About the Global Food Crisis
Wednesday, April 23, 2008An Inconvenient Truth about the Global Food Crisis Whenever I worry that investigative journalism is having its teeth systematically extracted by the power-brokers of mainstream media, I remember that Frank Hornig is still...American Public Says US Government Not Facing Reality That Oil is Running Out
A new WorldPublicOpinion.org poll finds that a majority of Americans think that their government is failing to prepare for the ultimate depletion of oil reserves. Three out of four Americans (76%) say that the government should assume that “oil...As Oil Hits $115 a Barrel Consumer Watchdog Renews Calls for Bush to Stop Buying Oil for U.S. Reserve, Release Oil to Dampen Price
As oil prices topped $115 a barrel today on futures markets, President Bush continued his near-silence on the damage that energy inflation is doing to consumers and the economy, said Consumer Watchdog. “The White House clings to a pallid strategy...Supply And Demand Will Force Gas Prices to Rise
Drivers in the United States have to face up to reality: They are about to face painfully higher prices at the gas pump, East-West Center senior researcher Fereidun Fesharaki says. The only real choice is whether the extra money flows into the pockets...Records Fall As Oil Reaches $107 a Barrel
Despite rising demand in China, last week’s decision by the oil producers’ cartel Opec not to raise supply has helped continue the upward pressure on the price of oil with a new record high of $107 a barrel.Pulling Out of Iraq Could Make Oil Prices Reach $200 a Barrel
On Fox News Sunday yesterday, former White House adviser Karl Rove claimed that redeployment from Iraq would cause oil prices to shoot to $200 a barrel. “If we were to give up Iraq with the third largest oil reserves in the world to the control...Oil Prices Soar To Almost $104 A Barrel As World Stocks Tumble
World oil prices hit yet another record high in Monday’s trading. The cost of a barrel of oil for future delivery rose as high as $103.95 a barrel in New York.
