All Posts Tagged With: "Energy Department"
Oil Comes Storming Back
In the energy market Wednesday, crude for July delivery skied higher, to close at $136.38/barrel, up $5.07. July reformulated gasoline shot up 15 cents, to $3.47/gallon.
Liquid Coal: How the US Military Is Adopting Peak Oil Theory
Liquid coal — synthetic fuel produced from coal — could make a big dent in the Defense Department’s energy bill, as it struggles to find alternatives to sky-high crude oil prices.
This from The Wall Street Journal:
With oil’s multi-year ascent showing no signs of stopping — crude futures set another record Tuesday, closing at $129.07 a barrel in New York trading — energy security has emerged as a major concern for the Pentagon.
Talks About Inflation and Interest Rates Will Be on the Front Burner This Week as Economic Speculation Resumes
You can bet there will be a lot of discussion about interest rates this week, thanks to the release of the producer price index (PPI) report tomorrow (Tuesday) and the U.S. Federal Reserve meeting minutes on Wednesday.
With the Energy Department’s Prediction for Gasoline Prices, the ‘Experts’ Get it Wrong Yet Again
How does the prospect of $4 a gallon gasoline sound to you? Undoubtedly, it doesn’t sound all that great. But what if I said that gasoline prices were headed for the $4 a gallon level, but once they got there, they’d head no higher?
With the Energy Department’s Prediction for Gasoline Prices, the ‘Experts’ Get it Wrong Yet Again
How does the prospect of $4 a gallon gasoline sound to you? Undoubtedly, it doesn’t sound all that great. But what if I said that gasoline prices were headed for the $4 a gallon level, but once they got there, they’d head no higher?
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