Reducing the Risk of Oil Prices in our Lives

Most people in the world are getting sick of seeing new highs in the price of oil day after day. These new highs will definitely impact our lives as these costs will be passed on to the consumer so it will become more and more expensive to use vehicles that consume oil.

I found this nice article that is all about limiting your liability to oil and how the price of oil actually impacts the value of your house. It is a great read for anyone who has some interest in the price of oil, which is most of us!

http://www.altenergystocks.com/archives/2008/03/neutralizing_your_peak_oil_risk_1.html

Oil Prices are Rediculous

Well, at least one analyst says that the price of oil is insane and is not related to the fundamentals of supply and demand. Everyone is watching the prices at the pump go up, day after day, but we don't seem to understand whats going on. This is a short read on the desparity of the price of oil versus the actual laws of supply and demand.

http://www.globeinvestor.com/servlet/story/RTGAM.20080312.woilprices0312/GIStory/

Up Up and Away

With the price of oil these days rising at an unsustainable rate, I think we all wonder what the consequences of these high prices are. Oil reached over $107 USD a barrel which is twice as high as it was even 2 years ago.

Hopefully these insainly high prices will force the automobile industry to provide consumers an alternative to the average consumer who wants a vehicle to limit dependence on oil. Unfortunately, the governments likely will need to force this by offering money or restricitions. We will see.

See this article on the prices of oil
http://www.financialpost.com/story.html?id=365909