Home heating oil prices in NY typically fluctuate from season to season and year to year. There are in fact many reasons for why home heating oil prices in NY will change fast and often, but the most common causes are simply demand, location, and how many competitors are in the area.
Right now it hits the 75 dollar barrier. The Venezulan president said that it will get higher if the US hit Iran. Not only that, theres also a collusion that big oil companies charged the prices more than $5 a gallon. Why don’t we get oil from Middle East with Diplomacy instead of having a [...]
Experts think the average, national, gallon, of regular gas price will be at least $4.00. In the future, Asia will demand more oil in the future. The price of oil will increase… Someday, the average, national, gallon, of regular gas price will be at least $6.00. What will this do to the american economy? How [...]
I hear a lot about gas prices but nothing about crude. If it is going up how much do you think? If not do you think it’ll go down more.
Oil is obviously something we’re going to need for a long time. Why not extract what we have in an environmentally sound way?
do I need a commodities broker or can I use a stock/option broker? I could buy a oil company stock or a fund of oil companies. what other ways are there? is there a ETF for this? thanks
It seems if our country cannot be easily destroyed with terrorism or other methods, raising gas prices to extremely high levels seems like the legit way to go. Why are they so hellbent on destroying America? Or are they just really concerned about the profit margin, and it’s not a question of destroying a country [...]
The combined profit for the two companies was close to $17 billion—$9.08 billion for Shell and $7.6 billion for BP. These figures include earnings attributed to the rise in oil prices. If this rise is factored out (as is done in the so-called current cost of supplies figures), Shell’s profits were $7.8 billion and BP’s [...]
DUG is an exchange traded fund that is supposed to short oil. However, today with oil down again, it is also down. It’s down as much as oil is on a percentage bases. Does anybody know why that occurs?
Alternative energy is energy…like electricity. Oil isn’t used for electricity – or is it? I can’t think straight right now, I’m so confused. So if we have more alternative energy, why does that reduce our dependance on oil? Thanks …You didn’t answer the question. Why is there less demand for oil (thus, creating lower oil [...]
Hi, I am looking for daily closing crude oil prices (both in spot and for 3 months futures, 6 months futures, etc). I am looking for prices which I can study on my own, rather than charts which cannot be analysed further. Where do I suggest I check? Many thanks,