Peak Oil Review -- June 30, 2008

While last week started quietly, Thursday and Friday turned into a frenzy, with prices surging from a low of $132 a barrel on Wednesday to touch a new high of $142.99 on Friday. The week closed with oil at $140.21, another new high Jul 01, 2008 3:13PM

Brother, Can You Spare a Gallon?

New York gold prices were off to the (oil-led) races on this, the first day of July, with a near 2% gain, quoted at $942 per ounce amid rising oil values ($142.00 up $2.00) and a declining dollar (down .17 to 72.28 on the index). Stock futures Jul 01, 2008 3:09PM

Inflation-proofing tips

The third quarter started on a positive note for the precious metals complex as geopolitical tensions continue to support safe-haven purchases by previously sidelined investors. Crude oil prices remain in the driver's seat in the markets, Jul 01, 2008 10:29AM