Category Archives: Oil prices

What will $5/gallon gas cost you?

Posted on January 8, 2011 by OneMom

Even though oil prices are down 3.7% since January 1st, there is still considerable talk about gas prices rising to $5/gallon late this year or into 2012. While I continue to speculate that oil prices will drop to $75/barrel via … Continue reading →

Posted in Economy, gas prices, Magic Snow Globe, Oil prices | Tagged , , | 5 Comments

Friday Flyer

Posted on December 17, 2010 by OneMom

The Wall Street Journal is singing the higher oil prices song: Some big investors have increased bets that oil prices will continue their ascent. Goldman Sachs, J.P. Morgan and a growing roster of major energy-trading banks expect prices to rise … Continue reading →

Posted in Friday Flyer, gas prices, Oil prices | Tagged , , , , | 1 Comment

Oil Prices Fall

Posted on December 14, 2010 by OneMom

Ah, the Magic Snow Globe is already working. Look at this headline from today’s Wall Street Journal: DECEMBER 14, 2010, 4:41 P.M. ET OIL FUTURES: Crude Falls, Hurt By Weak Gasoline Demand An article at Reuters today said: “The support … Continue reading →

Posted in gas prices, Magic Snow Globe, Oil prices, OneMom | Tagged , , , , | 2 Comments

Oil Futures: $75/barrel by February 2011

Posted on December 13, 2010 by OneMom

Do you know how to play one of Wall Street’s favorite games? The name of the game is Oil Speculation, and some of the best players in the business are the fat cats at Goldman Sachs. Let’s take a little … Continue reading →

Posted in gas prices, Goldman Sachs, Oil prices, The Economy, Wall Street | Tagged , , , , | 8 Comments

Friday Flyer

Posted on October 29, 2010 by OneMom

Gas prices are still up, and Shell and Exxon are both reporting better than expected 3rd quarter profits! What a surprise. Of course high oil and gas prices are once again tied to speculation, leaving the consumer once again the … Continue reading →

Posted in gas prices, Moms, Oil prices, work | Tagged , , , , , , | 11 Comments