May

22

Is Our Government in Bed With the Oil Companies?

Category: Big Oil, Government Legislation, Oil Prices | 3 Comments

How much influence does Big Oil have over our Government? The House of Representatives, The Senate, The judicial system and of course, the Vice President and President?
How much money are they receiving from lobbyists?
How much stock in oil companies do they own?
These factors affect how the government reacts to issues involving not only oil, but [...]

May

22

Oil Breaks the $135 per barrel Ceiling

Category: Alternative Energy, Big Oil, Biofuels, Fuel Prices, Home Heating Oil, Middle East Oil, Oil Prices | 2 Comments

When will the madness end? Gasoline could be around $4.50 per gallon for the national average and certainly will be later this summer when refineries turn their attention to producing #2 home heating oil for the winter.
Oil executives were in front of Congress this week to answer questions about why oil has unprecedentedly skyrocketed. The [...]