oil prices

Scientists predicted a major rise in oil prices. Peak oil was supposed to hit us. Well, believe it or not, there is no rise. In fact, we see that gasoline has been hovering under $2 per gallon all year. Thank you God for cheap gas. Do realize that we have falling oil prices.  Blame if you can... china, as they are seeing an economic crisis. Yeah, it is an ongoing recession.

oil price rise

Look at the oil price rise. It is over $100 barrel now. This will affect us. People are already counting pennies. Well, there is no way. Oh yes, no way this can aid our economy. Fact is, we are going deeper into a depression or a recession. Take your pic on one.

Source: flickr.com via Tim on Pinterest

Oil reserves

Obama may tap strategic oil reserves. This is in an effort to control prices. World situation is very grim. In fact, the whole middle east is like on fire now. This is a very volatile region.

Oil goes up

Oil goes parabolic over Egypt crisis. This should not come as a major surprise. Hope it did not startle any of us. Folks, we could see this one coming. It is after all a very volatile area. That said, people need to prepare. I see major oil shortages coming.

Gold and oil predictions

The majority feel that oil will stay in the 90's this year. However, near half think gold will go over $1500 of which I agree. Basically, it is going to be interesting to me. Gold and oil predictions are going to be all over the map. Few understand what it coming. It is going to be a very interesting year.

Oil prices are rising

Beware of rising oil prices. This means trouble is ahead for us. Fact is, I predict oil goes over 100 next year. As people spend more money on gasoline they have less for other expenses. High oil prices will hit hard the consumers.

Oil rises on yuan move

Oil prices are rising. Latest oil price rise is on yuan move. There is more oil consumption from China due to its improving economy. Still, in the US things are slow this summer. Folks, we see no recovery. John Titor said get a bicycle and I agree. Sadly, things are dim and grim.

oil spill worsens

This is the worst ecological disaster in history now. People, this will get worse. The oil will hit south florida beaches and make ruin. The debunkers say that everything is fine and I am crazy. Please wake up. It is much later than you can ever imagine.

Oil prices rise

China increases imports so oil prices rise. The day before yesterday for the first time time this year, I saw gasoline selling at $3.02 per gallon and it was a wake up. It is oil the fuels our world and supplies much of our power. The supply of oil is finite and we will see prices increase.

Oil prices rise

Crude oil is back over $80/b and rising. Well, decline in the dollar is one big reason. The debunkers claim that this is a good sign. OK many are saying the reason is an economic recovery. Well, if that were the case, then in August 2008 things were great. I mean oil was $147/b back then even. Turns out the things are bad and getting worse. As petroleum prices rise, people have less money. The future price of oil is much higher than now.

Oil prices plunge and stock futures tumble

Amid skeptics that claim that all is well, many say our so called economic recovery is a mirage. Today stocks tumbled and oil prices plunge. The government's figures are worse than expected for unemployment, for sales, and for tax revenues. This is temporary, I see future oil prices going up.

People, we are slowly slipping into a major recession that could turn into a deep depression. Things keep getting more crazy.