A Little Something About The Price of Crude Oil.

I was going to do a lot of writing about gas prices. Instead = I’m going to do a little writing and provide you with a few good links to = follow up with.


The United States is not the center of the crude oil universe. As soon as we understand = that, the better position we will be to manage our consumption and use of = petroleum products. This is turn will lead to stability in the price of a gallon = of gas. The relative supply and demand for a product will determine its price in = the market.  We are not in control of the global supply or the global = demand of a global commodity (crude oil). It’s going to be a real = challenge for the US consumer, but we are a tough bunch and we will get through it. =


CNN Topic Gas Prices - http://topics.cnn.com/to= pics/gas_prices


Petroleum Industry - http://en.wikipe= dia.org/wiki/Petroleum_industry , http://en.wikipedia.org/w= iki/Petroleum


Speculators affecting the price of oil - http://ww= w.chron.com/disp/story.mpl/front/5800462.html


Oil Executives Testifying to Congress - http://www.nytimes.com/2008/05/23/business/worldbusiness/23oil.html#<= /a>


Congress Votes to Stop Stockpiling Oil - http://www= ..nytimes.com/2008/05/14/business/14oil.html


What Does Gas Cost in Other Countries? - http://www.msnbc.msn.com/i= d/12452503/


Oil Price History and Analysis - http://www.wtrg.com/prices.htm




 

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