Very interesting one hour audio broadcast on oil prices

[Speck Tater]

Financial Sense Newshour

http://www.financialsense.com/fsn/main.html

In the section dated May 31, 2008, click on "3rd Hour with Jim & John" to listen.

Examines what's going on, what the possible causes are, what Congress is doing wrong to make it worse, and how it all relates to the global credit meltdown and the falling dollar. It lasts about an hour, and is well worth listening to.

[Terry in Austin]

1. It also has some good facts about oil production

They said conventional oil peaked in 2003, and since 2004, 90% of new supply is unconventional -- tar sands, ethanol, etc.