Oil prices are up. Why?
It wasn’t too long ago—1999 in fact—that the price of a barrel of oil was about $10. These days a barrel of oil can sell for over $70, and some analysts predict that the price could top $100 a barrel in the not-too-distant future. Other analysts are predicting a price plunge, to $40 or less a barrel.
What’s going on? To most of us, this makes no sense at all. Why the rollercoaster?
How can the price of such a vital commodity fluctuate so much in such a short period of time, and is there anything we as consumers (or as a country) can do about it? What forces are at work that can create such a situation, and to what extent are we masters of the situation, and to what extent are we merely spectators and victims?
Read more on their site:....................................
What the politicians and the pundits aren’t saying about the fluctuating price of gas and oil- and what you need to know !