Tag Archives: Price Of Oil

US will go after the Oil and will continue to explore it, President Obama said in a statement today. Dont be shocked. US has decided to hunt Oil domestically and not internationally. The effort taken to explore its own country for Oil comes after a high Oil price rise with continual demand of the natural resources that fails to meet ... Read More »

In a surprise and unexpected move the US Department of Commerce has cut its expected 4th-quarter growth from 3.2% to 2.8%. While the government is expecting a lower growth, analysts were having a different opinion. They estimated the growth to be 3.3%. Economic growth for the whole of 2010 was also revised down slightly, from 2.9% to 2.8%. As well ... Read More »