Tag Archives: Brent Crude

The Price of Oil Is Rigged

By RayLearsy | Published August 5, 2013

As posted on The Huffington Post: The U.S. oil market is well supplied, with U.S. commercial crude oil inventories near all time highs, with production of U.S. oil increasing by some million barrels/day from a year ago, with weekly inventory of gasoline jumping by 800,00bbls equivalent last week alone, while Chinese demand is flat to…
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Also tagged Barack Obama, Business News, Congress, Department Of Energy, European Commission, Gas & Oil, Justice Department, Strategic Petroleum Reserve, Unctad, WTI | Tagged Barack Obama, Brent Crude, Business News, Congress, Department Of Energy, European Commission, Gas & Oil, Justice Department, Strategic Petroleum Reserve, Unctad, WTI | Leave a comment

Your Price of Gasoline Is Going Up! How Sweet It Is!

By RayLearsy | Published July 14, 2013

As featured on The Huffington Post: Over the past weeks there has been a dramatic, near inexplicable rise in the price of crude oil with direct impact on what you are paying for gasoline. The price of oil has increased over 10 percent — that is over $10 per barrel. Considering U.S. consumption of near 20…
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Also tagged American Economy, Benchmark West Texas Intermediate, Business News, CFTC, Commodity Exchange Act, Commodity Exchanges, Federal Trade Commision, Federal Trade Commission, Gas & Oil, Lng, Natural Gas, Russia, Saudi Arabia, The New York Times, Usda, Wall Street Journal | Tagged American Economy, Benchmark West Texas Intermediate, Brent Crude, Business News, CFTC, Commodity Exchange Act, Commodity Exchanges, Federal Trade Commision, Federal Trade Commission, Gas & Oil, Lng, Natural Gas, Russia, Saudi Arabia, The New York Times, Usda, Wall Street Journal | Leave a comment