oil price

If there's anything we've learned from history it's that we don't learn from history. People actually had to line up to buy gas back in the 70's...

With much of the world bemoaning rising prices and much of the complaint being about the price of fuel, this is bad news indeed. But for the environment, surely, it's the best news. Certainly for those of us who avoid driving it means much less or does it?

a company called EFuel100 showed up with a product that replaces the gas pump from the oil station with your own gas pump. Their product, called MicroFueler, produces ethanol and is ready to be shipped beginning with the fourth quarter of this year.

A barrel of oil costs twice as much today as it did a year ago, and experts say prices could go higher. According to new data from the Philippine government, 4 million Filipinos slid back into poverty in 2006 as a result of rising oil prices and a higher cost of living. In addition, Chinese demand for oil is increasing by 15 percent a year,