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Oil Prices Are Rising Again, But Will They Keep Going Up?

2015-05-07 15:42:00| Climate Ark Climate Change & Global Warming Newsfeed

National Public Radio: Oil prices hit a new high for the year Wednesday - closing at just under $61 a barrel. They've been rallying for a month, but nobody's predicting $4-per-gallon gasoline anytime soon. And some analysts say weak demand will send oil prices down again. The recent rise follows an historic drop in prices, which were as low as about $45 a barrel less than two months ago. So to understand what's going on now, let's look at what sent prices tumbling in the first place "I think prices were pushed...

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