War is what it took to stop the slide in gas prices. The ongoing Israeli-Hamas conflict in Gaza caused crude oil to increase by $9 per barrel for fear it could disrupt the flow of oil from the Middle East, according to AAA Auto Club South. ...more

January 5, 2009

The Organization of the Petroleum Exporting Countries on Saturday delayed a decision on whether to cut the cartel's oil output, but demand that is falling in the United States and unexpectedly weak in China makes it likely that the group will lower production at its Dec. 17 meeting in Algeria, analysts and OPEC ministers said. ...more

November 30, 2008

In response to Mr. Streeter's recent letter, I do not believe that Halliburton sets the price of oil. I believe the oil cartel does that. The reason that Halliburton pumps the oil is that they are the most qualified company in the Mideast to do so. If President Bush had not sent our troops to Iraq, Saddam would still be in power, raping and killing his own people, as he had done for many years. In addition, he would be ever more dangerous. I say "Good riddance!" ...more

December 12, 2007

I thought that price gouging was supposed to be illegal? The price of oil is set by Halliburton, and the rest of the oil cartel, not by the Iraqis, or Saudi Arabia. So why hasn't our elected officials done anything to stop this fleecing of the people? Or are they all bought off by the oil cartel to look the other way? That's just another example of greed and corruption within free enterprise. This is why I am voting all incumbents out of office. Maybe some day our corrupt politicians will get the message that the people are fed up with their corrupt cronyism. ...more

November 17, 2007