With the way speculators and giant oil companies have been playing with oil prices, one could not help but be incensed. Why would oil prices rise when there has been no supply shock nor an increase in costs of producing oil? The sharp increases in pump prices have been dealing speculators and oil companies, and [...]

Pumps, like this one in Tarlac, are lifesavers for many farmers in the Philippines as the drought caused by El Nino lingers. In Tarlac province and elsewhere, farmers pool their money together to buy pumps, which they then alternately use for their fields.
Photo by CARLOS H. CONDE
(Bulatlat.com)
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