Archive for the 'Gas Prices' Category



It’s that time of year again.
It’s January, snow is on the ground (and no that doesn’t mean that climate change is not happening), it’s freezing outside and … Russia is having an energy dispute with its neighbours.
Somethings never change. This time it is Belarus and the spat is about oil rather than gas, but even [...]

Britain’s embattled Prime Minister Gordon Brown faces a growing call from trade unions for his government to impose a $2 billion windfall tax on energy companies, who have made billions from the high oil price.
Whilst all the indications are that this will be ignored, Brown has come up with the novel idea of hosting an [...]

Do you sometimes wonder why the American people seem to support more offshore drilling, despite the fact that it won’t make a difference on gas prices?
Its not only that its all in how the question gets asked, it also turns out that the media is simply not telling a critical piece of data.
According to a [...]

If you have been grumbling recently about how much it costs you to fill your car up because of record fuel prices, spare a thought for the poor old airlines.
For example, when Air Canada fills up a new Boeing 777 in Toronto for a one-way flight to Heathrow, it now costs a whopping $68,948. Can [...]

As oil climbed to a humungous record of $135 a barrel, yesterday US senators once again lined up Big Oil’s biggest executives and pummeled them with questions.
“Where is the corporate conscience?” Senator Dick Durbin, Democrat from Illinois, asked the top executives of the five largest U.S. oil companies, who have earned a whopping $36 billion [...]