Archive | Oil

The New Land Grab: American Foreclosures

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 […]

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To Drill or Not To Drill? USA Oil Dilemma

(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 […]

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