Sunday, November 22nd, 2009

Posts Tagged ‘ Oil Output ’

Oil Sinks Below $42 After Gloomy U.S. Jobs Data

Dec 5th, 2008 | By Contrarian Profits | Category: Financial News

U.S. employers cut 533,000 jobs in November… Oil prices near lowest level in four years… Market looking at $40 as slowdown hurts demand



Stand By for CTL

Jun 7th, 2008 | By Byron King | Category: Oil Investment & Alternative Energy

What will happen when there is less oil? U.S. oil demand will fall, whether anybody likes it or not. The oil will simply not be available in the volumes that the government, industry and people in general have come to expect. So the phenomenon of declining oil use will not be voluntary, graceful or cheap.



Russian Oil, Under Serious Constraints

Jun 5th, 2008 | By Byron King | Category: Oil Investment & Alternative Energy

I spoke on this subject in the middle of April, but there is more news coming. “News of falling oil output has hit Moscow political circles like a bomb.”



Gold Did a Whole Lot of Nothing on Tuesday

Apr 16th, 2008 | By Ed Steer | Category: Gold Market

Silver stuck its nose above $18 for a moment, but obviously someone noticed, as the spike didn’t last long. Volumes were extremely light again yesterday.



Gas Prices Hit Second 2008 Record

Apr 7th, 2008 | By Contrarian Profits | Category: ETFs, Featured, Financial News

Pump prices have hit a second year high at $3.32 a gallon.

The price of a gallon of gas, which according to a recent New York Times/CBS News poll caused Americans most concern when it came to the economy, has risen five cents since March 21.

Higher prices at the pump are due to the rising cost of crude oil and ethanol, according to the Lundberg Survey quoted on CNNMoney.