Tag Archives: price

Barack Obama and the Strategic Petroleum Reserve: Doing something about the price of oil

THE world produces 80m barrels of oil a day, give or take; America consumes 19m or so of that. Today, Barack Obama ordered the release of 30m barrels from the Strategic Petroleum Reserve. It should trickle out over the next … Continue reading

Posted in Analysis | Tagged , , , , , , , , | Leave a comment

Unit 1 Micro: Economists attack food price speculation

Food prices are now rising by up to 10% a year in Britain and Europe and a new forecast from the United Nations predicts that prices can be expected to rise at least 40% in the next decade. Whilst conventional … Continue reading

Posted in Analysis | Tagged , , , , , , | Leave a comment

What’s the cause for gas price spike?

What’s the cause for gas price spike? This time last year, we paid $2.52 per gallon, 31 cents lower than the current price. Read more on WALB Albany

Posted in News | Tagged , , , | Leave a comment

Commodity futures could manage price risk ailing rubber industries

Commodity futures could manage price risk ailing rubber industries Lesser carry over inventory, not enough supply and vagaries of weather in most producing countries has kept rubber price high globally and there is no price drop in sight. Read more … Continue reading

Posted in News | Tagged , , , , , , , , | Leave a comment