What are Bloggers Saying?
Oil prices rose back above $50 on Tuesday as the energy market was shaken by disruptions to gas supplies across Europe, already troubled by a cold snap.
Oil prices gave up early gains on Tuesday as fresh signs of a deepening US recession trumped tensions in the Middle East and worries over natural gas shortages in Europe.
Last year when gas prices skyrocketed Americans started looking for fuel-efficient vehicles such as the Toyota Prius. Market analysts were predicting that the shock at the pump would stay with American buyers even after the oil bubble popped.
Deflation has been the rule in high tech ever since I first programmed a multi-million dollar IBM 7090 forty-seven years ago which had less computing power than my current $100 watch. We high-techies have learned that we have to double the usefulness of what we sell every eighteen months if we want ...
Thanks to lower gas prices, right now SUV sales are out pacing sales of smaller sedans. Trucks and sport utility vehicles will outsell cars for the first time since February, according to a December report by Edmunds.com, which tracks industry statistics. “Despite all the public discussion ...
Superdude57 added an entry about Take a Road Trip: This summer might be the time to do this, especially if gas prices stay low. I would just need to save the money and get some brothers on board.
European carbon prices rose 2 per cent today as Russia cut off gas supplies to Ukraine.
Tuesday average for regular unleaded gas: $1.609.
The Russian-Ukrainian gas dispute is turning from a bilateral spat into a regional crisis. EU countries that share a border with Ukraine have reported dramatic drops in the volume of gas deliveries. Russia reduced its gas supplies to Ukraine on 1 January after Kiev refused ...
Glenn Reynolds writes: THEY TOLD ME THAT IF WE TOPPLED SADDAM HUSSEIN, gas would be cheaper than it was in 2001. And they were right! Professor Reynolds is confused regarding the cause of the drop in gasoline prices. The Iraq War did not lower gas prices (in fact, ...