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This article discusses the prices of crude oil and what makes them change. Kent also talks about the current stability of crude oil prices and something called the "Ratcheting Effect". This article is very interesting because it pertains to very recent events and also vaguely to the oil spill by BP in the Gulf. Although it does contain some bias in certain aspects, some of the statements are very general and unbiased.

"Putting caps on prices is only a short-term solution" Asian countries, China, Malaysia, and the like, are reluctant to raise prices on fundamental goods such as food and petrol. This allows the people of the country to have access to cheap petrol and thus more motivation for actions which lead to economic growth using petrol. Although the price caps seem beneficial for the country, that is only true in the short run. In the long run, the price caps will increase consumption in the country, and thus increase the demand for more crude oil from abroad which will lead to a rise in global prices of crude oil. Thus, looking ahead, it is for their own sakes that Asian countries should cut down on their price controls on such goods.