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Will Rising Oil Prices Finally Help Green Companies?
All indications report the second half of 2009 saw oil prices continue to escalate and many experts believe triple digit prices per barrel will be the norm again. Oil futures on the New York Mercantile Exchange have risen more than 50% since the beginning of 2009. Higher gas prices should have pundits predicting the American public will jump back onto the green energy band wagon. Are rising oil prices a boon to green companies as expected?
Reasons Why Gas Prices Get ExpensiveGas is one of the factors that fuels the economy of a country. Prices of gas is so expensive these days because of the profiteering plans by several players in the oil industry.