Friday, June 13, 2008

Top producers & consumers of oil

This interactive chart shows at a glance why the U.S. is dependent on oil from the Middle East: The World Oil Economy

As for oil prices, just how much of the recent price escalation is due to Fed policy versus world demand? Why the Oil Price Is High. Or how much of it is due to trader speculation? How Speculators Are Causing the Cost of Living to Skyrocket

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