May 13 2010
How oil crushed California housing suburbs and U.S. auto manufactures. Oil prices keeping pressure on American suburbs.
Oil seems to be on the mind of many and not because of prices. The current oil spill reflects the massive demand around the world for liquid gold. Images of the spill flowing into the ocean reflect an insatiable demand for fossil fuels. Oil prices peaked above $145 and then fell under $40 during the [...]