Aug

6

Central Hudson Gas & Electric - Scrooges to the End

Category: Electricity, Gasoline Prices, Home Heating Oil, Oil Prices | 3 Comments

Can you believe the gall of Central Hudson Gas & Electric? With the huge hit everyone is getting from the inflated prices of oil and gasoline, obviously Hudson Valley as well, Central Hudson wants to increase their delivery charges just to give their customers one more kick in the pants.
Shame on them. The northern areas […]

May

1

Gas Tax Holiday? Are You Kidding Me?

Category: Alternative Energy, Big Oil, Gasoline Prices, Home Heating Oil, Hydrogen Fuel, Renewable Energy | Leave a Comment

The proposed gas tax holiday by both Senators McCain and Clinton is preposterous. This falls under the same stupidity that Speaker Pelosi showed by asking to reduce the oil being sent to the strategic oil reserves. All this to save a few cents per gallon when the market is blowing that amount a way on […]

Jan

10

Oil Futures Manipulation

Category: Big Oil, Gasoline Prices, Home Heating Oil | 2 Comments

Last week oil futures jumped over $100 a barrel twice; one seemingly legitimately, the other by manipulation. If it’s that easy to manipulate oil future prices, what regulations are in place to deter this?
It makes for interesting thought.
What would it take for oil companies to enlist help from oil trading brokers to drive oil futures […]