What’s Up with Oil Prices Going Down?

The fact that oil prices vary on a daily basis is unlikely to be news to any of us, but the speed with which those prices fell through the past nine months has surprised many – even the experts. To better understand what’s been happening, you have to go back to the early 2000s… In around 2005 global demand for …

Why Do Oil Prices Go Up and Down?

It’s always hard to predict which way the price of oil is going to go – up or down. Unlike the more steady propane, oil prices can fluctuate day by day, hour by hour, even minute by minute. In the US, gas (natural and propane) is mostly produced at home, with some coming from our immediate neighbours. But our oil …