Tag Archives: Energy

Your Morning Cereal – Where the Jobs Are

With oil topping $140 per barrel, the power industry is exploding with high tech jobs.

Want to repair wind turbines, or manage a nuclear reactor, or install solar panels? There are jobs for you and the industry is expected to grow 11% this year.

Check out this article… 

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Filed under Energy, Morning Cereal, Politics, Technology

Mid – Day Discussion – Corporate Oil Extortion?

Do you think the continued rise in crude oil prices is a product of market forces, or is big oil dismissive of the plight facing the middle class – namely, having to make sacrafices in other areas to pay for gasoline?

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Filed under Economy, Energy, Mid-Day Discussion Thread, Politics

Mid-Day Open Thread – What Would You Ask Big Oil?

Considering sky rocketing oil prices and record profits, Congress grilled oil executives yesterday from the world’s largest oil producers. The fat cats say they can’t do anything about it. 

What would you like to ask Big Oil? Share your thoughts, photos, video and stories on our comment thread. Just select the word ‘Comments’ above. 

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Filed under Politics

Oil Tops $130.00 Per Barrel and Futures are Through the Roof

Oil prices rose above the $130 a barrel mark for the first time today. U.S. crude for July delivery traded as high as $130.25 a barrel in electronic trading. 

The new excuse – supply and demand concerns.

“We’ve seen an about-face turn on the dollar in the last couple of days,” said Mark Pervan, senior commodity strategist at Australia & New Zealand Bank in Melbourne.

“It looked like it was starting to recover, but I think there’s a less certain outlook at the minute and … enough reason to be buying commodities as a currency hedge again.”

Investors forecast commodities such as oil to be less expensive to buyers dealing in other currencies, because of a weak U.S. dollar.

Tuesday’s high was the 10th time in the last 12 sessions that crude prices have hit trading or closing records, or both.

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Filed under Economy, Politics