High gas prices equate to higher public support for oil exploration, Pew survey finds
The Pew Research Center for the People & the Press has released a nationwide study finding that "amid record gas prices, public support for greater energy exploration is spiking." More.
Iraq's no-bid contracts delayed
Yesterday, the widely anticipated announcement of the winners to Iraq's no-bid contracts was delayed. More.
Gas, food prices put America's seniors in jeopardy
Older Americans are at-risk as gas and food prices rise and assets dwindle. MORE
The U.S. Energy Department releases its long-term market report
The U.S. Energy Department has released its Annual Energy Outlook 2008 report. The AEO report, prepared by the Energy Information Administration, presents long-term projections of energy supply, demand, and prices through 2030. More.
Iraq's no bid contracts need scrutinizing
Iraq's no bid oil contracts are being scrutinized by a group of Democrats. More.
Oil CEOs' pay up, way up
The oil industries' chief executive officers got fat in 2007. More.
Why John McCain's plan to drill our way out of the energy crisis will fail
Today, Senator John McCain announced plans to open up more oil leases. The idea is simple: with an alleged 21 billion barrels in oil reserves on U.S. lands, we could easily replace the oil we get from the Middle East with oil from U.S. real estate. It's a great idea that sounds good on paper and is heartily endorsed by the oil lobbyist on John McCain's staff. Too bad it won't work.
Gas Pump Accuracy; A Call For Action To Find Stations Charging For More Gas Than You're Getting
Hypothesis: Some gas stations' pumps are not reflecting the amounts of gas you put into your tank. So, a call to action is requested. Read more.
Paper money chasing paper barrels: Why oil prices are artificially high
The cost of oil keeps screaming higher while reports keep showing that demand for oil is down. Even the Saudis admit that their product is overpriced, yet oil and gas markets remain more volatile than ever.
At issue is the fact that the market mania has been driven by two factors: a weak U.S. dollar and speculators trading paper barrels with paper money. Let's look briefly at each factor: Read more
High fuel prices force farmers to seek out alternative horsepower ... er, mulepower
You know things are getting dire when people start "bartering" instead of using currency, and when consumers start eschewing modern luxuries such as flushing their toilets or eating meat in order to save money. Now, apparently, poor farmers in Tennessee and Mississippi are using mules instead of tractors to harvest their crops. MORE.
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