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Oil Markets

Debacle at Doha

Michael T. Klare | Posted 04.28.2016 | Politics
Michael T. Klare

Sunday, April 17 was the designated moment. The world's leading oil producers were expected to bring fresh discipline to the chaotic petroleum market and spark a return to high prices. But far from restoring the old oil order, the meeting ended in discord, driving prices down again and revealing deep cracks in the ranks of global energy producers.

The 3 Worst Words of Investing in Oil Market

Ilan Levy-Mayer | Posted 04.20.2016 | Business
Ilan Levy-Mayer

Overall Crude oil futures trading is one of the riskiest businesses you can put money into in oil futures. Remember, oil futures are volatile and you have to continually, keep a keen eye on them.

Alaska Governor: State's Savings Mean Oil Revenue Decline Doesn't Make Budget Situation a 'Crisis'

Alaska Dispatch News | Posted 03.22.2015 | Politics
Alaska Dispatch News

Gov. Bill Walker says Alaska will tap its savings and cut budgets to get through low oil prices, but in an interview on the eve of next legislative session he was unwilling to call the state's multibillion-dollar deficits a "crisis."

How Big is Canada's Oil Subsidy to the U.S.?

Jeffrey Rubin | Posted 03.10.2013 | Business
Jeffrey Rubin

Before rushing ahead to double oil sands production -- and sending billions more in de facto energy subsidies to U.S. refiners -- Canadians may be better off if producers figure out how to capture more value from what they're already digging out of the ground.

Oil Markets Losing Lustre

Daniel J. Graeber | Posted 11.28.2012 | Business
Daniel J. Graeber

A U.S. energy trade group said the petroleum market in the country was hit by slumping demand. Total petroleum deliveries for August were at their lowest level for the month in 15 years and domestic oil production followed similar trends.

You Need a Nobel Prize to Be High Dumb on Oil Prices

Raymond J. Learsy | Posted 05.26.2011 | Business
Raymond J. Learsy

How fortunate we are to have two Nobel Laureates bringing their prestige to matters relevant to oil markets. They instruct us on matters of oil pricing and get it dangerously wrong while we pay at the pump.

Can Anyone Explain This Offshore Drilling Decision?

Andrew Winston | Posted 05.25.2011 | Green
Andrew Winston

I'm completely confused by the decision on offshore drilling, or at least by its timing. I can only come up with a few plausible reasons the President would support this, but none make real sense to me. Here are some lines of logic that some may support...

Iran Attack Not a Problem, Say War Wonks

Russ Wellen | Posted 05.25.2011 | Politics
Russ Wellen

For better or worse, we're constitutionally incapable of summoning up sufficient cynicism to imagine the moral depravity required to start another war.