Energy Environmental Blog

Oil Prices on Rise

Written by Greg Russell | May 13, 2009 11:56:24 AM

According to reports in both the Washington Post and the Chicago Tribune, rising oil prices may be the result of market investors and a moderating global economy (e.g., increased imports to China).  Some analysts caution, however, that these price increases may be premature because of a continued weakness in the economy.  Stay tuned.