The fluctuating cost of business electricity can prove to be both confusing and frustrating. Some months your bill is down, then others it’s up. So, what causes these price fluctuations and are there ways to prevent them? Here, we’ll look at how the price of oil can impact the cost of business electricity and other… Keep Reading
Brian Cohen, an investment fund analyst, has examined the connection between oil and gold and how this may affect the world. Considerably higher oil prices are coming to the world at the worst possible time. Not only is the world far from being ready with oil alternatives when demand is on the brink of surpassing… Keep Reading
IEA executive director Tanaka told reporters on the sidelines of an industry conference that Opec “needs to show more flexibility” in increasing oil production according to Reuters. “If the current price continues, it will have a negative impact,” he said. Oil hit a record $147 a barrel in 2008, and there are fears that prices… Keep Reading
The legendary oilman, T. Boone Pickens, is famous for his knowledge of the oil market. He is often correct in his predictions. Mr. Pickens is also known for his belief in peak oil and the fact that the world oil production soon will reach its maximum level. “I think you’re going to see $150 before… Keep Reading