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If something were to happen to oil, then we could all start having some real problems

June 25, 2009 – 9:59 am – No Comment
If something were to happen to oil, then we could all start having some real problems

A disruption in the supply of oil could cause serious problems for the United States economy. Rather than an actual dependence on foreign oil, the supply of oil and the price increase that would happen as a result are actually a “national security” problem.
Keith Crane, …

Disruptions in the oil supply could cause a concern for national security

May 11, 2009 – 7:06 pm – No Comment
Disruptions in the oil supply could cause a concern for national security

A disruption in the supply of oil could cause serious problems for the United States economy. Rather than an actual dependence on foreign oil, the supply of oil and the price increase that would happen as a result are actually a “national security” problem.
Keith Crane, …

Oil prices fall below $35 on economic outlook

February 19, 2009 – 1:11 am – No Comment

Today the March delivery for light sweet crude fell below $35 a barrel. The March delivery will be closing on Friday and the April delivery is actually up over $37 a barrel today.
The decline in price came after the Fed released some very depressing news …