It's Time To Ditch OilDaily CallerBlame oil. The Japanese needed petroleum reserves found in the Dutch East Indies and Philippines in order to fuel its navy; they were under an oil embargo following their invasion of China. Unfortunately for Japan, the …

Oil Slides As U.S. Rig Count Surges Most In 16 MonthsOilPrice.comBaker Hughes reported an astonishing 20-rig gain this week to the number of active oil and gas rigs in the United States for its November 18th reporting period, bringing the total number of a …