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Oil Embargoes

Mr. President, Now That We Need It, Give Us Our Oil Back

Raymond J. Learsy | Posted 04.23.2012 | Business
Raymond J. Learsy

You are sitting on some 700 million barrels of oil in our Strategic Petroleum Reserve bought and paid by both the 99% and even the 1%. Here we are living an economic and political emergency while the tool we have to deal with this issue remains untapped.

Oil Embargoes, Sherlock Holmes, and the Russian Butler

Raymond J. Learsy | Posted 04.21.2012 | Business
Raymond J. Learsy

The tumult and fabricated anxieties over Iran's oil supply give ample cover to an oil price veering ever higher -- prices explained away by the political tensions at hand. But the question needs to be asked -- what is really driving oil prices?