iOS app Android app

Cheap Oil

Can the Middle East End Its Addiction to Cheap Oil?

OpedSpace | Posted 04.29.2015 | Business

The lower cost in global fuel prices can provide a unique avenue for countries to carry out energy subsidy reforms and develop energy efficiency programs with a much smaller negative effects on the population than otherwise.

Why Low Oil Prices Can Be Good For The Environment

AP | By JONATHAN FAHEY | Posted 01.14.2015 | Green

NEW YORK (AP) — Deepwater drilling rigs are sitting idle. Fracking plans are being scaled back. Enormous new projects to squeeze oil out of the tar ...

60 Years of Middle-East Meddling

Chris Weigant | Posted 08.19.2013 | Politics
Chris Weigant

The whole Arab Spring movement has woken America up to the fact that we've been propping up some pretty brutal leaders for a long, long time. Which leads us to the uncomfortable position of not having a clear ideological position.

Oil Prices Soar: What Are You Cutting Back On?

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

With the average price of gasoline now above $3.50 per gallon, we asked our readers what spiking oil prices would cause them to cut down on. (See what...

Obama's Fiscal Stimulus No Substitute for Cheap Oil

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

Feed the US economy cheap oil, and you'll see robust growth rates and a drop in the jobless rate to four-decade lows -- no matter who's in the White House. But throw in $147-per-barrel oil, and the US economy stops dead in its tracks.

Pioneers of the New Normal

Sarah van Gelder | Posted 05.25.2011 | Home
Sarah van Gelder

Americans are facing a troubling reality. The economic recovery we were promised has not materialized. There's growing talk about a "new normal"--a ne...

Which Is Worse For Green Energy? Cheap Oil Or Financial Crisis

The Wall Street Journal | Keith Johnson | Posted 05.25.2011 | Green

Oil prices plummeted again Thursday, falling under $70 a barrel for the first time in more than a year. That kicked OPEC into action--the oil cartel...