You might think that the declining price of gasoline means that we don't have to pay attention to all that talk about oil speculation driving up the price of oil. Right? Wrong.
This holiday weekend, many Americans will feel what seems a powerful pain at the pump. But an American energy revolution that shifted meaningfully away from fossil fuels would require something more than episodic financial pain. It would require ongoing economic smarts.
Fifty-two years after U.S. policy first sought to break the communist dictatorship with an economic embargo, the Castro regime is still in power, lording over the Cuban people, enjoying trade and diplomatic relationships with countries across the globe.
The real backbone of Brazil's "zero tolerance" policy is that the country has produced enough ethanol to achieve "oil independence." It can tell Chevron, BP, Total or any other oil company that even one drop of oil spilled is not tolerated.
If a mea culpa is in order, its roots can be found in the decision to underplay the demand side of the equation. Oil prices plunged to $40 a barrel after economic growth collapsed, taking global oil demand along for the ride. And that same movie is about to play out again.
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Despite all the industry hype over jobs and purported energy security benefits from building the Keystone XL tar sands pipeline, a new report shows the mammoth Canadian tar sands pipeline will cut the amount of gasoline produced in the U.S. and jack up gas prices for American drivers.
It is a grotesque symbol of how the Wall Street banks control our government. Mr. Dimon, sir, out of respect to our waning confidence in government institutions, your resignation from the Fed Board is well past due.
Instead of passing strong legislation to help reverse global warming, Congress continues the giveaways to the 200-year-old fossil fuel industry even as that industry's carbon pollution wreaks devastation on our planet. Enough is enough.
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When fact-checking organizations tend to find many more conservative lies than liberal ones, rather than respond that conservatives tell far more lies, the fact-checkers go looking for liberal fabrications and find them whether they exist or not.
Bicycle commuting in the U.S. was up by 40 percent from 2000 to 2010. That's great, but it's only scratching the surface of how biking could transform our country.
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When politicians and K Street lobbyists peddle the $7 billion Keystone XL tar sands pipeline, you can bet the red meat rhetoric about jobs and national security -- fanciful charges according to independent analysis -- is straight out of the game plan from DC's most popular blood sport; trolling for petro dollars.
In principle, one would expect personal lines automobile insurance companies to realize a modest windfall from recent increases in gasoline prices. However, I think it's fair to say that "not all's the same 'twixt the pump and the claim" -- not even the same as it used to be.
The U.S. Department of State has received a new application from TransCanada to ship crude oil via a proposed pipeline running from the Canadian border to existing infrastructure in Nebraska.