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Oil Prices

Demand for Oil So Low, Producers are Running Out of Storage Space

Those poor, poor oil producers. They got really excited last year when oil prices rose to an all-time high of $147 per barrel, and they thought for sure that the prices would just keep on rising as demand continued unabated. But low prices haven’t raised demand, which has dropped dramatically in the past year – [...]

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Welcome to the Black Hole of Despair: High Oil Prices Cause Resurgence in Coal Mining

Sigh. This is not good, people. Just when you think the high price of oil will force people to turn to greener sources of energy, they turn back to the tried and true. As if afraid to give new forms of energy a shot, demand is back up for dirty, dirty coal. This [...]

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Next thing you know ol’ Jed’s a Billionaire- Todays Oil Prices Make Clampetts Billionaires

Jed Clampett, the lovable old patriarch of the Clampett family who struck black gold one day while shootin for some food, would be an incredibly rich Hillbilly had that fortunate hunting accident happened today. You could say he’d be happier than a tornado at a trailer park.
Had Jed discovered that bubblin crude these days instead [...]

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Do We Have a Right to Quick and Easy Flights to Anywhere in the World?

In the last century, we’ve gotten used to a lot of conveniences. Travel is now extremely easy compared to what it used to be; the long, dusty journeys people used to take just to get a short distance are a nearly forgotten memory. We expect to be easily and conveniently able to get wherever we [...]

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The Secret Culprit of Oil Consumption: Plastic Bags & Bottles

If you’re upset about the price of oil, your first instinct might be to point your finger at the usual suspects: the war, suburban housewives driving Hummers to the grocery store and oil companies that are taking the record profits and laughing all the way to the bank. While they’re definitely culpable, one thing you [...]

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