Energy Prices

Imperiling People, Posterity, and the Planet

Robert Walker | Posted 05.16.2012

Robert Walker

John Beddington, the U.K.'s chief science adviser, three years ago gave a speech in which he warned that population growth, climate change, and the world's rising demand for food, energy, and water constituted a "perfect storm" that could destabilize the world by 2030, or sooner.

Bachmann Defends 'Tar Baby' Charge

AP | Posted 04.19.2012

MINNEAPOLIS -- A spokeswoman says U.S. Rep. Michele Bachmann wasn't referring to race when she used the term "tar baby" to attack President Barack Oba...

Bachmann: Obama 'Waving A Tar Baby In The Air'

Posted 04.19.2012

Rep. Michele Bachmann (R-Minn.) attacked President Barack Obama's proposal to curb oil speculation amid high energy prices as "waving a tar baby in th...

'Natural-Gas Vehicles Will Run Best Without Subsidies'

Bloomberg | Posted 03.30.2012

Almost miraculously, the U.S. is both reducing its greenhouse-gas emissions and becoming increasingly energy independent. As Bloomberg News recently r...

The Volcker Rule's 'Unintended Consequences'

Reuters | Posted 05.27.2012

* Study says exemption for market making should be broadened * Says gasoline and power costs could rise without changes ...

Should We Still Worry About Food Prices?

Otaviano Canuto | Posted 04.02.2012

Otaviano Canuto

Food prices are finally coming down after a year of spikes and high volatility. But prices of certain foods remain very high, and millions of people are still at risk of suffering from malnutrition and hunger.

Mild Winter Yields Strange Economic Patterns

AP | By JONATHAN FAHEY | Posted 01.14.2012

NEW YORK -- Out of a relatively balmy winter have sprung some economic surprises. People have more cash in their pockets because they aren't turning u...

Prices Fall For First Time In Four Months

Posted 11.16.2011

U.S. consumer prices fell in October for the first time in four months as Americans paid less for new cars and gasoline, although prices outside o...

'Drill, Baby, Drill' Returns

AP | By DINA CAPPIELLO | Posted 12.27.2011

WASHINGTON -- It's still "drill, baby, drill." After the nation's largest offshore oil spill and a series of pipeline breaks, Republican presidential ...

Inflation Indicators Take Biggest Jump Since March, But Economists Aren't Worried

The Huffington Post | Harry Bradford | Posted 10.18.2011

Two major indicators of inflation rose last month, but most economists say they aren't worried. Some even say it's a good thing. The Consumer Price...

Wholesale Inflation Sees Greatest Increase In Months

AP | CHRISTOPHER S. RUGABER | Posted 11.08.2011

WASHINGTON — A key measure of wholesale inflation rose in July by the most in six months. The measure, called core wholesale inflation, exclude...

The Gravity Of Slow Growth

Businessweek | Peter Coy | Posted 10.04.2011

Economics isn’t rocket science, but the U.S. economy is a little like a rocket. If it has enough thrust, it can escape the tug of economic gravity. ...

Energy Prices, Japan Crisis Lead To Few Factory Orders

AP | By MARTIN CRUTSINGER | Posted 10.03.2011

WASHINGTON -- Businesses cut back on orders for airplanes, autos and heavy machinery in June, lowering demand for factory goods for the second time in...

One Million More Homes In Fuel Poverty As Energy Prices Soar

PA | Posted 09.13.2011

PRESS ASSOCIATION -- Rising gas and electricity prices pushed another million households across the UK into fuel poverty in 2009, according to figure...

Interest Rates Must Rise Globally To Curb Inflation: International Report

Posted 08.26.2011

BASEL, Switzerland (Sakari Suoninen) - Global interest rates must rise to avoid high inflation becoming entrenched, the Bank for International Set...

Larry Summers On The 'Economic Equivalent Of The Cuban Missile Crisis'

Posted 08.22.2011

JERUSALEM (Steven Scheer) - The economy is unlikely to return to recession provided there are no shocks on oil prices, U.S. housing or mishandling...

High Energy Prices Cause Sharp Decline In Manufacturing

DANIEL WAGNER | Posted 08.01.2011

WASHINGTON (AP) -- U.S. manufacturing activity expanded in May at the slowest pace in 20 months, the latest sign that a sharp rise in energy prices is...

Will Export Restrictions on Energy Echo Those on Food?

Jeffrey Rubin | Posted 07.18.2011

Jeffrey Rubin

Will triple digit prices soon halt the free flow of crude oil the same way soaring crop prices halted the free flow of food?

Boulder Can Own Its Power With Distributed Generation

Anne Butterfield | Posted 07.16.2011

Anne Butterfield

If Xcel proposes "business as usual" with its exposure to fossil fuels and a rate hike of 33 percent in nine years, Boulder's case for municipalization becomes starkly stronger.

Americans Spending More With Inflation Growing At Fastest Rate In Ten Months

Posted 06.29.2011

Rising gasoline and food prices lifted consumer spending in March and the increase in overall inflation from a year-ago was the largest in 10 mont...

Soaring Food, Gas Prices Push Inflation Up, Economic Growth Down

Posted 06.28.2011

WASHINGTON (By By Lucia Mutikani) - Economic growth slowed more than expected in the first quarter as higher food and gasoline prices dampened con...

Speculators Drive Pain at the Gas Pump

Earl Ofari Hutchinson | Posted 06.15.2011

Earl Ofari Hutchinson

The standard reasons for the relentless oil price leap is war in Libya, unrest in the Middle East, political instability in Nigeria and Venezuela, and the perennial jitter that global oil supplies are fast running out. But these are all wrong.

Small Business Confidence Slips In March: NFIB

Reuters | Posted 06.12.2011

Small businesses grew less optimistic about the economy in March but raised prices for a second straight month, a potential warning sign about inflation, a survey showed on Tuesday.

Consumer Spending Up -- Thanks To Higher Gas And Food Prices

The Huffington Post | Yepoka Yeebo | Posted 05.28.2011

Consumer spending increased in February for the eighth straight month, but much of the gain came from steadily rising gas prices and higher grocery bi...

The Year of Living Dangerously: Rising Commodity Prices and Extreme Weather Events Threaten Global Stability

Michael T. Klare | Posted 05.25.2011

Michael T. Klare

Food prices have already sparked riots in Algeria and mass protests in Tunisia. We haven't seen the last of resource revolts which, in the coming years, could reach an intensity we scarcely imagine today.