There’s not anything to laugh at about the BP Amoco Gulf Coast oil disaster, but this GIF came close to making me smile. We imagine (some) BP officials, citizens of the Gulf Coast region and environmentalists worldwide feel this man’s same frustration with the whole ordeal.
An infographic to help you understand the BP oil spill catastrophe in the Gulf of Mexico and the incredible costs that will affect us all.
Picture Credit: Warner Schnell We are all familiar with the old phrase: “What Goes Up Will Come Down,” so has the Oil Bubble burst because of economic conditions? How long will the lower prices last? (more…)
Americans might be starting to have a change of mind about buying smaller cars as gas and oil prices decline. Car shoppers who panicked in June and July about gas prices are losing interest in small compact cars as fuel prices have declined. Americans are starting to use more gasoline as prices continue to fall, […]
Picture Credit: Krakow 81 Will Oil Rich Funds buy Foreclosed American Homes as OPEC Countries post highest profits in 2008? The Buying of America. Whether you realize it or not: There’s a new land grab starting in America. Foreign money, which up to now has focused its attention on investing in iconic commercial real estate […]
There are major world-happenings going on as Russian tanks roll into Georgia and the price of oil drops over $4.00 per barrel. Usually, in a crisis like this, the price of oil would be heading up, not down. Is this about the oil pipeline and oil being supplied to the west or is Russia trying […]
(Map for drilling in Alaska) Experts are now saying that gasoline prices might be $3.50 per gallon by Labor Day. From FT.com: Oil prices continued their correction this week as the debate about the influence of speculators in energy markets reached a new pitch. The US Senate yesterday failed to agree on proposals to limit […]
The United States has a real dilemma. Do we keep buying imported oil or will we try to break the chains of our oil addiction? How many billions of dollars of American’s hard earned money will go to the foreign oil cartel as they continue to buy up American land, buildings and businesses? From Reuters […]