The Price Of Oil

However, both coal and oil are natural creations of the earth, just as are granite and other materials that make up the earth. This particular myth-fact is sponsored mainly by oil companies—who want the world to believe that we're running out of oil, because the shorter supply of oil the higher the price and greater profit they can make.

Another word for Crude oil is Petroleum. This coming from the Greek "petra" which means rock and the Latin "oleum" which means oil. In some ways we could then call it rock oil. (based on the geology and mineralogy)

Crude Oil prices is the best place to look for World crude oil prices. We have updated information about the latest changes and shifts in the crude oil situation....

Two large scale oil investment projects, one operational the other waiting for government approval, will practically eliminate Middle East crude imports to the US. On the strategical plate of energy security, there's a big difference for America to deal with stable neighboring Canada instead of the volatile and distant Mid East countries.

In simple terms, Crude Oil is a naturally occurring, flammable liquid consisting of a complex mixture of hydrocarbons of various molecular weights and other liquid organic compounds that are found in geologic formations beneath the Earth's surface.

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