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$100-barrel


Oil prices just one of many symptoms driving U.S. into recession

Over the past several months financial "experts" and politicians on all sides have been bickering about whether the U.S. economy is in a recession. Unfortunately for most people, the declaration of yes or no is a meaningless semantic argument. The way a recession is officially "defined" - two consecutive quarters of a shrinking gross domestic product - means that it can only be named after it has already happened. By that time, a lot of damage is already done to regular people. Unfortunately, prognosticating on the economy is a notoriously ... Read more →

Gulp - oil shoots past $105 a barrel Sebastian Blanco

Photo by ^riza^. Licensed under Creative Commons license 2.0. Sure, $100 for a barrel of oil was news back in January, but the predictions that even higher prices are on the way was pretty much ...

Who's responsible for $100 barrels of oil? One guy "seeking fame" Sebastian Blanco

Well, the big news from yesterday that the price of a barrel of oil went over the $100 mark for the first time ever. The big news from today is that we have one guy to blame for this incident. ...

Oil prices just one of many symptoms driving U.S. into recession 1 year ago on Autoblog Green

Over the past several months financial "experts" and politicians on all sides have been bickering about whether the U.S. economy is in a recession. Unfortunately for most people, the declaration of yes or no is a meaningless semantic argument. The way a recession is officially "defined" - two ...

Gulp - oil shoots past $105 a barrel 1 year ago on Autoblog Green

Photo by ^riza^. Licensed under Creative Commons license 2.0. Sure, $100 for a barrel of oil was news back in January, but the predictions that even higher prices are on the way was pretty much accepted at the end of 2007. Welcome to the future, a time when a barrel of oil will set you back $105 ...

Who's responsible for $100 barrels of oil? One guy "seeking fame" 1 year ago on Autoblog Green

Well, the big news from yesterday that the price of a barrel of oil went over the $100 mark for the first time ever. The big news from today is that we have one guy to blame for this incident. According to the Daily Mail, a single trader who was "seeking his moment of fame" decided that being the ...


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