Oil Prices at a 3 Month Low

Crude prices sink after a call for renewed talks about Tehran’s nuclear program overshadows conflict between Russia and Georgia that could threaten a critical oil pipeline.

Gas prices The price of gasoline in the United States, the world’s largest crude consumer, has fallen for 25 straight days to a nationwide average of $3.81, according to motorist group AAA. The price is more than 30 cents below the record of $4.114 a gallon set July 16.

Oil prices fell Monday after Iran called for renewed nuclear talks and China reported a decline in crude imports, countering threats to supplies in Eastern Europe from the Georgia-Russia conflict.

U.S. crude for September delivery fell 75 cents to settle at $114.45 a barrel on the New York Mercantile Exchange, extending a multi-week slide that has knocked oil 22%, or about $34, from its peak.

Crude briefly dipped below $113 Monday before recovering some ground later in the session.

President Issais Afewerki's Speech Amharic Narration Part 1

President Issais Afewerki's Speech Amharic Narration Part 1
6:11
Views: 81,146
English Translation: on May 24, 2007, 18:47 Dear Compatriots, Honourable Guests, Ladies and Gentlemen, For the last 16 years, we have been striving, with unrelenting resolve and without faltering in our steps, to ensure steady economic growth in order to raise and ameliorate the living standards and lifestyle of our people. Not to do so would have rendered our independence, for which we yearned for more than two generations and paid heavy sacrifices in the political and armed struggles that we waged, symbolic indeed. It was not easy to initially lay, from scratch, the foundations of a devastated economy. To resurrect those foundations after the new cycle of destruction wrought by Ethiopia 's recent invasion, exacerbated by incessant hostilities, further amplified the hurdles that we had to overcome. This is too obvious to merit elaboration. Yet, because we toiled, tirelessly, indomitably, and unperturbedly, our accomplishments thus far are beyond comparison indeed. We had no qualms to recognize humanitarian assistance as a transient imperative, indeed even as our right, during austere times until we find relief and recoup the opportunities denied to us for generations. It was this realization that prompted us to solicit humanitarian aid in the first place. However, this was misconstrued as a weakness to foster an attitude of: "Let us bind the hands with which you work and eat, and, let us spoon-feed you" with all its attendant pressures. Thus, when practical and effective ...
Sylvia Browne's financial predictions for 2008
2:02
Views: 80,336
On Montel Williams show, Sylvia predicted that the housing market would get stronger ("it will"), that Ford would bring up the US automotive industry by going green (with hybrids: well duh, they're a decade behind Japanese auto makers in this regard, having spent the past 20 years oblivious to rising fuel prices, and developing gas guzzlers like the Ford F-150 instead). You don't nee to be a psychic to know the stock market is increasingly volatile, but unfortunately she missed with the "medical stock" tip. The healthcare sector has not panned out as expected in pre-recessionary times... And oddly, she completely missed the boat by not mentioning the obvious bull run in oil, precious metals and ag commodities (which HAD already started by the time this was taped). These sectors clearly HAS been the only winners, to date. For the most part, no one ever goes bak to check the accuracy of physics: well, we can do that here, and we'll cut her some slack by saying 2008 isn't over yet! :)
Crimanimalz - The Freeway Ride II
5:28
Views: 74,934
Friday, May 9th, 2008 At 5:30pm starting in Santa Monica, 28 bicyclists took surface streets to the 1-10 Fwy at Bundy and rode 0.44 miles to the I-405 N on-ramp and rode another 1.56 miles to the Santa Monica Blvd. exit during rush hour. The ramp to the I-405 N was a steep grade and 0.65 miles in length. Riders spanned a total of 2.0 freeway miles. The group of riders also hung a 20'x6' banner on the 17th street overpass overlooking the eastbound I-10 Freeway in Santa Monica that read RIDE A BIKE YOU'D BE HOME BY NOW. The sign remained in place for over 48 hours. Mission While the ride's political stance and agenda was neutral, many participants invoked the group's collective motto: "If you rode a bicycle, you'd be home by now!" -- a statement against oil dependency, in support of sustainable living and a collective critique of the Los Angeles transportation infrastructure. The riders are pointing out that in a city like Los Angeles made for cars, bicycle riders are reaching their destinations faster. Long Term Goals Members of the CRIMANIMALZ are looking for city officials to make bicycle safety a priority, not only through the creation of safe and easy places to ride, but also as a means of transportation on the city's increasingly busy thoroughfares. With rising gas prices and a government encouraging sustainable practices, more people are expected to turn to bikes as an alternative means of transportation. Music: Funderstorm - "Why Didja Duh Eeet" www.myspace.com ...
Salafi Wahhabi Dance Exposed in Saudi and Bahrain
2:52
Views: 74,242
This is my (Abdul Riyal ibn Baaz) leader Abdul Bush ibn Saud dancing with al-Khalifa George Bush 2nd. I (Mufti Abdul Riyal bin Baz) gave a fatwa in 1991 allowing the first Gulf War against the Muslims of Iraq under the leadership of al-Khalifa George Bush 1st. You can see my fatwa together with those of my students who supported me in Al-Muslimun magazine (Jeddah, Saudi Arabia), January 18, 1991. You can see my detailed fatwa in support of al-Khalifa Bush 1st with that of Sheikh Muhammad bin Salih Al-Uthaimin and Sheikh Abdullah bin Abdur-Rahman Al-Jibreen, in Fatawa Islamiyah/Islamic Verdicts (Riyadh, Saudi Arabia: Darussalam, 2001), Vol. 1, pp. 251-252. I (Bin Baz) was later promoted to chief mufti (religious official) of the monarchy, no doubt due to my part for supporting the monarchy's alliance with the United States. I was also very lucky that I had the support of Sheikh Bilal Philips who made a series of audio lectures saying that we had invited US troops to Saudi Arabia during the first Gulf War for dawa purposes aimed at converting them to Islam. I couldnt believe that he was naïve enough to think that we had actually invited US troops for dawa purposes ignoring the fact that in doing so millions of Iraqi Muslims were bombed to bits and killed, hehehe. Or may be he wasnt really naïve but knew exactly what was going on that is for you to decide;-) It didnt matter though because according to us Ahle Hadith/Salafis those Muslims like 99% of the Ummah are involved in ...
How to Build a Homemade Hydrogen Generator, Run Your Car on
0:51
Views: 73,435
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Matilda (film) - II
10:02
Views: 72,129
Matilda is a 1996 film directed by Danny DeVito. It is based on Roald Dahl's children's novel. The film was released by TriStar Pictures. Synopsis Right from birth, Matilda Wormwood different from the rest of her family. Even as a baby, she showed remarkable intelligence by writing her name in spinach she had spilled on the kitchen counter. Her parents and older brother, however, are shown to be incredibly cruel and morally-corrupt people: Her father, Harry, sells used cars for unfair prices while her mother, Zinnia, is unemployed and spends her days playing bingo. Matilda loves reading from an early age, which her father disapproves of, and he punishes her by sending her to her room simply for being smart. Matilda takes her revenge by pouring her father's hair oil down the sink, and replacing it with peroxide, turning his hair blonde. Later, she puts glue in his hat, so it sticks to his head.
Oil at 0-a-barrel?
1:33
Views: 70,564
www.NewsforBlondes.com Meg explores the prices of oil and gas, as well as well as the most profitable company in the world. News for Blondes.
Matilda (film) - V
10:19
Views: 69,433
Matilda is a 1996 film directed by Danny DeVito. It is based on Roald Dahl's children's novel. The film was released by TriStar Pictures. Synopsis Right from birth, Matilda Wormwood different from the rest of her family. Even as a baby, she showed remarkable intelligence by writing her name in spinach she had spilled on the kitchen counter. Her parents and older brother, however, are shown to be incredibly cruel and morally-corrupt people: Her father, Harry, sells used cars for unfair prices while her mother, Zinnia, is unemployed and spends her days playing bingo. Matilda loves reading from an early age, which her father disapproves of, and he punishes her by sending her to her room simply for being smart. Matilda takes her revenge by pouring her father's hair oil down the sink, and replacing it with peroxide, turning his hair blonde. Later, she puts glue in his hat, so it sticks to his head. Matilda is enrolled at Crunchem Hall where children are terrorized by the principal, Miss Agatha Trunchbull, an ex-Olympic champion. Matilda learns from another girl, Hortensia, that the Trunchbull's acts of terrorism include throwing a boy out the window for eating two M&M's during class, and locking kids in the chokey, which is known as a Iron Maiden, described by Hortensia, is "a tall narrow hole in the wall behind a door"; the kids are forced to stand in a drippy pipe with jagged edges, and the walls have broken glass and nails sticking out. Matilda asks about parents' actions ...
Mike Talks Oil and Rising Gas Prices on Larry King Live
2:46
Views: 68,623
"There's a calamity waiting to happen ... and we just lost eight years trying to do something about it." www.michaelmoore.com
Wars Suck, War Mongers Suck, and All Citizens are Being Taken For Suckers !
4:24
Views: 64,749
While us normal,patriotic and law-abiding American and Canadian citizens are being x-rayed at airports; we want to know why NATO'S controllers continue to allow 400000 acres of Taliban and al-Queda financing opium to grow in wide open Afghan fields over the past 8 years? Afghan Opium ?Buy it up, Plow it up, Burn it up or Blow it up; it's not rocket science! Sources: United Nations Office on Drugs and Crime; Afghanistan Opium Executive Summaries (annual 2001-2009),CIA,DEA,NYTimes,Fox News,NewsMax,Washington Post,Guardian,RadioFreeEurope The only important question is; how long will we be fooled into thinking those who engineer these kinds of wars are simpletons who have our best interests at heart? They tricked us into Vietnam with the Gulf of Tonkin scam and they did it again in Iraq with the WMD scam. Step 1; Plant the seeds for the creation and development of a puppet global enemy. The Bush Sr. team financed and supplied both bin Laden and Saddam in the 1980s. The House of Saud helped with step 1. www.guardian.co.uk Step 2; make the puppet enemies angry.The Bush Sr. team set up military bases on Saudi holy land after giving Saddam the green light to invade Kuwait. The House of Saud helped with step 2. Step 3; allow the puppet enemy to attack. 9/11 was allowed to happen.The House of Saud helped with step 3. Step 4; make sure the puppet enemy has enough resources to keep up a good fight.That's where the billions of dollars flowing from Afghan opium comes into the game ...
Next Big Bio-Fuel - ALGAE
2:45
Views: 64,195
Bryan Garner, News Channel 5 visits a farm in Fellsmere that produces algae which replaces crude oil. Fred Tennant (Vice President of Petroalgae) says it is cheaper than oil, a lot cheaper. Arizona State developed this Algae and or process. Bits of algae fed with carbon dioxide grow dark green. From seed to harvest in just two days. This video was taken before the gas reached the four dollar mark. The kick in the ass is that this company will not produce it for the public. So I don't see it effecting pump prices, EVER! RECORDED IN MAY 2008
Power your electric Car with Solar or Wind VoiceEntertainment.net
10:02
Views: 62,405
Want to beat oil prices and Global Warming? Watch this video!
Street Food - Cairo - 21 July 08 - Part 1
14:18
Views: 61,492
A desperate shortage of staple foods, brought about partly by rising oil prices, has sparked riots around the world. In Egypt, where the common word for bread is 'life', Street Food investigates the cost for the average person.
Hummer H2 - Kelley Blue Book
5:31
Views: 61,376
FOR PRICING & SPECS ON THIS CAR VISIT: kbb.com Hummer H2. The automobile has always been a means of self expression, often reflecting its owners taste, style and even social status. These days car buyers use their choice of vehicle to make even bigger statements. On one side of the modern auto expressionist movement are fuel-sipping cars like the Toyota Prius. And on the other side sits the Hummer H2, a rolling billboard for audacious excess and limitless horizons. Welcome to our comprehensive Kelley Blue Book review of the Hummer H2. With oil prices hitting all- time highs many buyers have decided that bigger isnt necessarily better. But for others, nothing says success like a substantial, go-anywhere off-road vehicle. For that select few, the Hummer H2 offers all the style of an armored personnel carrier and the off-road abilities to match. For more new car reviews, interviews and automotive news visit www.kbb.com today.
VBS News- Toxic Alberta Part 1
4:08
Views: 60,041
FOR PART 2 VISIT: www.vbs.tv Last winter we decided VBS had to do a story on the Oil Sands of Alberta. So far no American media outlet had comprehensively covered it and even the local press's approach has left a lot to be desired. No one seemed to even know what it was. It's strange that as we hit peak oil and the global oil reserves go on the decline, we have heard next to nothing about the fact that Canada, due to improved oil extraction technology and record oil prices, is poised to become a major player in the geopolitical market place. The big question going in is what does this sudden access to previously unobtainable oil mean? Is this our get out of jail free card for the present energy crisis or is it another pipe dream being hyped up by the very corporations and lobbyists who stand to gain the most from it? Traveling through the haze of Ft. McMurray did nothing but fortify our stance on fossil fuel. It's dirty, expensive, and--most importantly--nonrenewable. Al Gore recently likened the oil sands to a drug pusher, satisfying our jones for quick and cheap energy. Say what you will about pushers (at least they're not kicking out greenhouse gasses to the tune of 80 million kilograms a day), but we think he's got us and our jones pretty much square on the head. PS: If you're wondering who did the music for this series, it was Pelican in episode 1, and Moss of Aura in episode 2.
BP OIL SPILL PAYBACK
0:37
Views: 58,183
So if your not to happy with BP n there plumbing issue well here's something we used to do every night on way back from pub. This was about 2001 n boy would we love these prices with diesel now at £1.30 all i can say is ROBBING BASTARDS first chance i get to fuck you oil giants up i'm gona take it LONG LIVE THE BIKE
Wood Boilers - Save Money - www.alternativefuelboilers.com
0:31
Views: 57,706
If you are like most people, you have watched energy costs skyrocket in the last few years. Well guess what? Prices for oil, natural gas and electricity will only go up. Want to begin saving hundreds, even thousands of dollars on your yearly heating and hot water bills? Modern wood boilers utilize gasification burning technology to get an amazing 87% energy efficiency from traditional wood fuel sources. These wood boilers utilize a combustion technology called 'Gasification' to capture, extract and transfer this energy that typical wood furnaces simply waste. As the wood is burned in the firebox, fresh air is blown downwards through the logs and coals. As this hot smoke and air mixture is forced into the combustion chamber, it is mixed with a second jet of super-heated air. This results in a torch like combustion of the retained gases, at spectacular temperatures exceeding 1800 degrees. The result: almost all the gases are burned, with little residual soot or creosote, and the extra energy extracted is transferred to a full jacket heat exchanger. This extraordinary process allows gasification wood boilers to achieve overall heating efficiencies of almost 90%! Did you know you can install and integrate wood boilers with your existing heating system, so when you are not home, your conventional furnace conveniently runs? When you return home, it's back to the savings! Burn any kind of wood you like, including pallets, chip, waste, and even fresh cut green wood. No waiting ...
Biofuel Backlash - World
12:55
Views: 56,901
Nov 2007 Demand for biofuels like corn-based ethanol is leading to soaring food prices and political instability. The price of wheat and corn has doubled, hitting the poor particularly hard. Backed by generous government subsidies, the ethanol industry is on a mission to "reduce our dependency on imported oil". Its insatiable demand for corn is "driving world commodity markets", pushing up global prices. Prices of eggs, meat and diary products have also shot up because corn is used in animal feed. "A lot of pork farmers could lose money because of high feed costs", complains farmer Randy Hilleman. But it's the poor, whose staple diet is grains, who will be most affected. "The grain it requires to fill a 25-gallon SUV tank with ethanol will feed one person for a year", explains Lester Brown, Earth Policy Institute. The ethanol boom could create unprecedented global insecurity. Already tortilla prices in Mexico have increased 60%, prompting people to take to the streets. Sceptics question if ethanol can reduce America's dependence on imported oil. Even if America's entire corn crop was converted to fuel, it would only displace 15 per cent of petrol consumption. As most ethanol plants are powered by coal, doubts have also been cast on its green credentials. But the corn lobby blames high petrol prices for rising food costs and complain of an anti-ethanol conspiracy. Produced by ABC Australia Distributed by Journeyman Pictures
Chavez Buys Russian Weapons
1:21
Views: 55,193
Venezuela's President Hugo Chavez has found a use for his countries increased oil revenues. The revolutionary leader is reportedly on a shopping spree for Russian and Chinese military hardware. STORY: Venezuela's President Hugo Chavez arrived in Russia for talks with President Dmitri Medvedev and Prime Minister Vladamir Putin. On the agenda: boost trade ...and shop for arms, including submarines, mobile missile systems, and tanks. Using revenue from record oil prices, the self-styled revolutionary leader has reportedly been snapping up both Russian and Chinese military hardware. Russian media sources reported Chavez's shopping bag included 20 air defense systems and several diesel-powered submarines....with a price tag of more than one billion dollars. Upbeat after a cordial reception, Chavez said Russia would be welcome to deploy military bases in his country. [Hugo Chavez, Venezuelan President]: "If Russia's armed forces want to be present in Venezuela, they will be given a warm welcome." And in an implied slap at the United States, Medvedev cited regional security as key to its relations with Venezuela - Washington's main adversary in the Americas. Katharine Jackson, Reuters.
Dynamic Diesel? 2009 BMW X5 xDrive 35d @ the Track
1:16
Views: 54,846
2009 BMW X5 xDrive 35d Track Test: blogs.edmunds.com More Articles: www.insideline.com Car Prices & Info www.edmunds.com Twitter Feed twitter.com Facebook Page www.facebook.com Hi-Res Videos: www.hulu.com side-line The clumsily named BMW X5 xDrive35d is a pricey but torque-rich beast of a sport-ute that puts the company's twin-turbo oil-burning six to use as a family hauler as opposed to the 335d sport sedan.

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    One comment

    1. Josh
      #1

      It would be really nice to see those gas prices go down, way down for a change. I have a feeling that things are going to get worse.

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