Crude Awakening
NEW YORK (MarketWatch) — Most of us can’t stockpile barrels of crude oil in the backyard, nor would we want to. Yet with oil prices soaring, many investors are eager to fill their portfolios with this precious fuel.
Accordingly, a specialized group of exchange-traded funds taps into oil rallies. But investors should be aware that [...]

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Oil Prices Down and Stock Prices Up
NEW YORK - Wall Street at least temporarily shrugged off some of its many concerns Wednesday and bounded higher thanks to a drop in oil prices. The Dow Jones industrial average rose 276 points, or 2.5 percent, posting its best daily gain in three months.
The broader Standard & Poor’s [...]

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Oil Prices Continue Climb to New Record
NEW YORK - Crude oil futures swung wildly on Monday, rising to a record and then tumbling as investors wrestled with whether they should put stock in Saudi Arabia’s promise to boost production. Retail gas prices rose to a record $4.08 a gallon.
Light, sweet crude for July delivery fell [...]

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How Long Till Gas is $12 a Gallon?

It may be the mother of all doom and gloom gas price predictions: $12 for a gallon of gas is “inevitable.”

Robert Hirsch, Management Information Services Senior Energy Advisor, gave a dire warning about the potential future of gas prices on CNBC’s May 20 “Squawk Box”. He [...]

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Oil Shortages Loom Within Five Years
Fears of a shortage within five years propelled long-term oil futures prices to almost $140 a barrel, further stoking inflationary pressures in the global economy.
The spot price of Nymex West Texas Intermediate hit a record $130.30 a barrel on Wednesday. On Tuesday investors had rushed to buy oil futures contracts [...]

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The Coming Crisis
The issue is not simply a concern that we will have to pay outrageous prices for a gallon of gas. If that were the worst of it, the situation would be difficult but manageable.
The reality, however, goes deeper and is much more troubling. There are multiple problems affecting the world that are having [...]

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As Oil Concerns Mount Profits Roll In
Against the backdrop of consumer protests and rising tensions, Royal Dutch Shell and British Petroleum (BP), two of the world’s largest oil producers, announced record profits for their first-quarter earnings this past Tuesday.
With oil currently priced at an unprecedented $120/barrel, the announcements underscored the clear division between consumer concerns [...]

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