While President Barack Obama announced a plan today to open oil and natural gas drilling off the Atlantic Coast and Gulf of Mexico to reduce the country's dependence on foreign oil -- which theoretically could help keep prices down -- a major cause of rising oil prices is Wall Street investors. Prices have been steadily increasing, and the driving factor has nothing to do with demand and everything to do with investors betting that crude oil will eventually trade above $90 a barrel this year. MSNBC (3/31)
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MEXICO UNDER SIEGE: 13 killed in Acapulco area, 11 others elsewhere...
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Tuesday, March 02, 2010
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'IT CAME IN WAVES'...
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APPLE Says Underage Workers Were Used to Build iPhone, iPod...
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Man shot to death at Anchorage mall...
Israel police storm holy site to quell protest...
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Canada gold in hockey...
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