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Did the Oil Companies Rob Us?
11 hours ago ago from CUOIL: China Union Oil or Cuba Oil?
During the hurricane season, starting right after the floodingof New Orleans, gas prices soared to unheard of levels. This wasblamed on supply and demand. After all, Hurricanes Katrina andRita had affected crude oil production in the Gulf of Mexico.People lined up to buy gas before it ran out. That sure didn'thelp matters. Here's the thing though, oil companies reported record profits.Exxon Mobil Corp. earned . billion, up percent from ...
Related contentNatural Gas Rises to Highest Level in Almost Year as Oil Gains
1 hour, 29 minutes ago ago from All About Work & Financial
Natural gas futures settled in New York at their highest level in almost a year on speculation of rising energy demand after crude oil stockpiles fell more than forecast. Gas futures reversed a decline of as much as 2.1 percent after the Energy Department reported supplies of crude plunged 4.84 million barrels to 327.5 million. Crude reached as high as $77 a barrel in New York. “There was some sympathetic buying across energy,” Michael ...
Related contentNPR: The Shale Series
27 minutes ago ago from Don at Dawn
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Related contentRetail Gasoline Price History | Geology.com
4 hours ago ago from Geology News | Earth Science Current Events | Geology.com
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Related contentStates with the Highest Gasoline Prices
13 minutes ago ago from WikiMag
You as a consumer have done everything you possibly could to save money on your automobile costs such as: 1) you purchased the safest car you could find; and 2) you live in a neighborhood that is considered low-risk. So, you were able to get a good deal on your auto insurance policy. But, you were talked into purchasing an SUV to transport your family around town. The money you saved on insurance plus a lot more is now going in your gas ...
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