The US Interior Department has dropped claims that Chevron systematically underpaid the government for natural gas produced in the Gulf of Mexico, a decision that could allow energy companies to avoid paying hundreds of millions of dollars in royalties, the New York Times has reported.

Check out New York Global Securities analyst Phillip Miller’s investment advice on oil, which boils down to: buy now, because the price is going back up after the election. “We believe that the last three major declines in the price of oil coincided with various U.S. Senatorial hearings and expectations surrounding the upcoming U.S. […]

Think the idea that gas and oil prices have been driven down in advance of the election is exclusively the province of lefty liberal bloggers? Check out this piece on New York Global Securities Analyst Phillip Miller’s investment advice on oil - buy now, because the price is going back up after midterms.

Here are two great recent reports detailing EXACTLY how oil companies rip us all off, from Consumers Union. Although its been woefully under-reported in both the traditional and alternative media, the conclusions of CU’s May report (”Debunking Oil Industry Myths and Deception: The $100 Billion Consumer Rip-Off”) are strong and clear, and the research […]

Sunday’s local newspaper reported that gasoline sales in Vermont were 13 percent below prediction in February of this year and almost 15 percent low for May.  I have no theories on the May swoon, aside from the toll continued high prices are having on us all, but I’m reasonably sure the February dip was due […]