It’s unfortunate, but most of the reason that you’re paying more money at the pump is due to oil speculators. They send the oil prices up and up and when they’re coupled with other problems, with the economy, they can make the market very volatile. They can also...

Even though Hurricane Ike didn’t do any long-term damage to the oil platforms in the Gulf of Mexico, oil is still on the rise. On Friday, oil went over $104 a barrel again, after being down below $100 for quite some time. Much of the reason for the dramatic increase came from...

The US demand for energy looks like it’s going to keep going down. With that being the case, oil prices continue to fall. In the midst of all of that, however, gas prices at the pumps are still going up in many places.

Even though diesel fuel prices are down, don’t look for them to necessarily stay that way. Oil is going up, again, because Hurricane Ike is moving toward the Gulf of Mexico. With Ike’s projected path taking it right through most of the refineries and the offshore drilling...

For the eighth week in a row, diesel prices are down! This is welcome news to truckers who need to work and are not able to profit from their loads. As of this writing, diesel is down to $4.059. Although not great news, it’s certainly better than it was just a few short weeks...

As the demand for oil continues to decline the price of oil is declining right along with it. The price of oil has already dropped to under $114 for the first time since last May.Crude prices had been dropping quickly in recent weeks since the record high in July. Oil prices then...