Dec 17 OPEC Agrees to Record Output Cut to Combat Falling Oil Prices By Admin, PBS News Hour Oil prices fell to their lowest level in four years Wednesday, despite news that the Organization of the Petroleum Exporting Countries agreed to a larger-than-expected oil production cut of 2.2 million barrels per day. Continue reading
Apr 04 Why is the price in oil rising and who is getting the money? Question/Comment: Oil has gone up in price per barrel a huge amount during the last few weeks. Neither the cost of producing that oil nor our falling dollar value could have made much of a difference in that short term. Continue reading