Oil Prices Keep Climbing: 5 Tips to Save Money on Gas

Oil prices breached $130 a barrel this morning. Yesterday they prompted a sell-off on Wall Street. And across the country they are affecting people’s every day activities.
But why are oil prices climbing? Didn’t the Saudis up production at the request of President Bush? Isn’t the US going to stop stockpiling? Shouldn’t this supply help keep oil prices lower?
Not necessarily. Oil prices are rising on what is likely to happen in the future. Demand from developing nations (like India and China) is expected to explode as those countries see an expansion to their middle classes (read: more people can afford cars). …read more