xander

The Price of Oil - Cramer's Mad Money (8/18/08)

zman said recently natural gas produced in usa up over 5 percent , if i recall correctly. could be reason gas is weak, also its been a cool summer.

In Light of Peak Oil, Financial Diversification Is a Bad Idea

cheap oil is dependent on relatively inexpensive development of an oil field in a relatively low taxed area. the clueless in congress say its ok to develop oil fields in 6000 foot deep regions of the outer part of the gulf of mexico but it is forbidden to develop oil fields in 600 feet or less of water off the east coast or in the florida straits.