Cars
Normally this wouldn’t be an event to celebrate, but given that oil surged to a record near $112 a barrel last week, but the fact that today (Tuesday March 25, 2008), light sweet crude for May delivery fell $1.51 to $99.35 a barrel on the New York Mercantile Exchange is a positive change. Even though there are a lot of factors that affect oil prices, many analysts believe that the dollar's recent depreciation was the primary reason oil surged to $112 a barrel last week.
- Rising Gas Prices Might Affect Large Suv Sales And Trade-in Values
As crude oil reached $91 a barrel on the New York Mercantile Exchange last week, U.S. gasoline prices started going up reaching an average value of $3.05 per gallon. That’s about half a dollar more than what Americans had to pay a year ago and...
- Oil Could Sink Below $25 By Early 2009 Sending U.s. Gas Prices Below $1!
Isn't amazing how things can change in a few months? You all remember what happened in July this summer when crude oil prices reached a record-breaking $147 a barrel pushing average prices at the U.S. pumps over $4.10 a gallon. Well, now Merrill Lynch...
- Oil Falls Below $70 A Barrel: Have Gas Prices Gone Down In Your Country?
For the first time in more than a year, the price of a barrel of oil slipped on Thursday, October 16, 2008, below $70 US. In New York, crude oil features for November fell as much as 8 percent or to put that in dollars, $5.97, to $68.57 a barrel before...
- Oil Drops More Than $10 A Barrel After U.s. Bailout Failure
Unless you’ve being living under a rock, you’ve probably heard that the House on Monday rejected a $700 billion emergency rescue plan for the nation's financial system. What you may not have heard is that aside from the fact that the...
- Oil Prices Jump To $130 A Barrel And Then Dip Back Down
What a market; after oil prices spiked more than $25 to $130 a barrel on Monday, September 22, creating an all-time record for the biggest one-day price hike ever, light, sweet crude slipped on Tuesday, September 23, to below $108 a barrel. Analysts suggest...
Cars
USD Goes up, Oil Goes down: Barrel Drops Under $100
Normally this wouldn’t be an event to celebrate, but given that oil surged to a record near $112 a barrel last week, but the fact that today (Tuesday March 25, 2008), light sweet crude for May delivery fell $1.51 to $99.35 a barrel on the New York Mercantile Exchange is a positive change. Even though there are a lot of factors that affect oil prices, many analysts believe that the dollar's recent depreciation was the primary reason oil surged to $112 a barrel last week. - Rising Gas Prices Might Affect Large Suv Sales And Trade-in Values
As crude oil reached $91 a barrel on the New York Mercantile Exchange last week, U.S. gasoline prices started going up reaching an average value of $3.05 per gallon. That’s about half a dollar more than what Americans had to pay a year ago and...
- Oil Could Sink Below $25 By Early 2009 Sending U.s. Gas Prices Below $1!
Isn't amazing how things can change in a few months? You all remember what happened in July this summer when crude oil prices reached a record-breaking $147 a barrel pushing average prices at the U.S. pumps over $4.10 a gallon. Well, now Merrill Lynch...
- Oil Falls Below $70 A Barrel: Have Gas Prices Gone Down In Your Country?
For the first time in more than a year, the price of a barrel of oil slipped on Thursday, October 16, 2008, below $70 US. In New York, crude oil features for November fell as much as 8 percent or to put that in dollars, $5.97, to $68.57 a barrel before...
- Oil Drops More Than $10 A Barrel After U.s. Bailout Failure
Unless you’ve being living under a rock, you’ve probably heard that the House on Monday rejected a $700 billion emergency rescue plan for the nation's financial system. What you may not have heard is that aside from the fact that the...
- Oil Prices Jump To $130 A Barrel And Then Dip Back Down
What a market; after oil prices spiked more than $25 to $130 a barrel on Monday, September 22, creating an all-time record for the biggest one-day price hike ever, light, sweet crude slipped on Tuesday, September 23, to below $108 a barrel. Analysts suggest...