-
1). Oil Prices Approach Historic High By : Richard Stoyeck
It has been announced that British Petroleum had to shut down an Alaskan oil field providing 8% of US crude oil production. Oil prices on the world market immediately surged to within pennies of their all-time high. What’s really going on? For an answer I look back to former President Richard Nixon. Privately Nixon who was smart, and as shrewd a man as any President in history use to talk to his friends about if there is a dollar to be made somewhere, than somebody is making it.
Article Related to: exxon, oil, bp, petroleum, mobil, oil prices, texaco
|