Gas prices skyrocketing: over 34% in just 13 days
As a direct result of the fighting in Libya and the unrest in the Middle East gas price continue to rise at an alarming rate, and analysts don’t see an end anytime soon. Gas is on the rise according to the motorist group AAA. The national average for a single gallon price has risen six […]
The future of oil prices: oil up due to Libya protests
Crude futures were up to a near-10-day high in Asia Monday, as protests in Libya become more escalating and the U.S. dollar appeared to be pressed by European and Chinese monetary policy. On the New York Mercantile Exchange, light, sweet crude futures for delivery in March traded at $87.38 a barrel at 0650 GMT, up […]
It is estimated that 84 were killed in Libya protests
After three days of anti-government protests in Libya a New York-based human rights organization, in their last report, belives that 84 people have been killed . Libyan security forces have been batleing an escalated crackdown on the anti-government protests concentrated in the impoverished east of the country. Human Rights Watch based its estimate on interviews […]