gas price


With Gustov Strengthing, You Need to Fill up NOW

Digg - Business & Finance  Mon, 09/01/2008 - 11:30

In the days following Hurricane Katrina’s landfall, the national gas price shot up by nearly 20 percent, and climbed above $3 for the first time ever.

Should oil production facilities and refineries suffer similar damage from Hurricane Gustov, the price of gasoline would easily jump back above $4 per gallon, and would likely set a new record high.


 

"Selling Our Futures": The Gas Price Scam

Newsvine - business  Sat, 06/07/2008 - 07:26

The future of gas prices is on everyone's minds. But does OPEC, gas companies really control the prices at the pump?

No, not really. What is little known is the loophole in oil futures trading sectors in which the likes of Goldman Sachs are driving the price of oil.