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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
One of the reasons for the stock market nosedive on Nov. 1 was the price of oil. ...more
November 5, 2007
Wall Street plunged Thursday, pulling the Dow Jones industrial average down more than 360 points as investors found themselves confronted by two uncomfortable prospects: an end to interest rate cuts and a slowing economy. ...more
November 2, 2007
On Sept. 13, when the price of oil closed above $80 a barrel for the first time, energy analysts brushed it off, saying the high price wouldn't last. Demand, they said, wasn't strong enough to support prices at such a high level. ...more
October 18, 2007
Gasoline prices in the Tampa Bay area have held steady since the end of the summer driving season, according to AAA. On Wednesday, the average price for regular-grade gas was $2.75 a gallon. ...more
October 18, 2007
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