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Oil tops $130 haunted by future supply worry »

Posted by: MyWayOnNow 3 months, 1 week ago

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Oil climbed to a life-time high above $130 a barrel on Wednesday, driven higher by a combination of long-term production worries and a near-term focus on tight fuel stocks.

Read Full Story at news.yahoo.com

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PsychoHosebeast3 months, 1 week ago

Sorry, it's not driven by these concerns, it's driven by greed. They hand us a new excuse every day, and have for the last two friggin' years. Anyone out there actually still believing it?
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jimdoze3 months, 1 week ago

"U.S. investor Warren Buffett, the world's richest person, said on Wednesday he expects the U.S. dollar to keep falling as policies needed to correct the slide had yet to be implemented"
All well and good to say that Warren, but what do you envision as the key policy(ies) change(s) that will turn the situation around?
I see 2.
1. Worldwide recession/depression
2. A massive build of nuclear fission power plants in the U.S.

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