May

22

Oil Breaks the $135 per barrel Ceiling

Category: Alternative Energy, Big Oil, Biofuels, Fuel Prices, Home Heating Oil, Middle East Oil, Oil Prices | 2 Comments

When will the madness end? Gasoline could be around $4.50 per gallon for the national average and certainly will be later this summer when refineries turn their attention to producing #2 home heating oil for the winter.
Oil executives were in front of Congress this week to answer questions about why oil has unprecedentedly skyrocketed. The [...]