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Attacks On Libyan Oil Fields Cause Global Price Hike

Posted 06.08.2011 | Home

Oil hit a 32-month high near $125 on Friday after attacks on Libyan oil fields raised the prospect of long-term supply cuts, with commodities in gener...

Will Disasters Finally Tip the Balance for Renewable Solutions? In the New Economy, the Time Is Now

Sebastian Copeland | Posted 06.05.2011 | Home
Sebastian Copeland

Wind, biofuel, biomass, hydro, wave power, geothermal and of course conservation: those solutions have been with us for some time. But our most precious renewable energies are commitment, foresight and imagination.

America's Achilles' Heel

David Harris | Posted 06.03.2011 | Home
David Harris

A few days ago, President Obama set forth an ambitious goal of strengthening our energy security. Will it turn out any differently this time than before?

Energy One Year Later

Michael Moynihan | Posted 05.31.2011 | Home
Michael Moynihan

It would be wrong to say that efforts to grow energy independence never work. However, policy is not working nearly fast enough.

The Small Silver Lining of $100 Oil

Mark Sunshine | Posted 05.31.2011 | Home
Mark Sunshine

High oil prices tend to trigger a so-called "neighborhood effect," where manufacturing businesses located close to their customers get a price advantage over competitors.

Obama Echoes The American Petroleum Institute Mantra

Raymond J. Learsy | Posted 05.31.2011 | Home
Raymond J. Learsy

The transfer of billions upon billions of dollars from American and world consumers to oil interests both domestic and foreign continues on and will continue in spite of the programs enunciated by the president.

Oil Prices Jump After UN Approves Military Action In Libya

Reuters | Alejandro Barbajosa | Posted 05.25.2011 | Home

SINGAPORE (Reuters) - Brent crude jumped by more than $1 to $116 on Friday on fears of rising geopolitical tension in the oil-rich Middle East and Nor...

One Word: Obama's Nightmare Scenario, and Why It Hasn't Happened (Yet)

William Bradley | Posted 05.25.2011 | Home
William Bradley

Poor Barack Obama. If it weren't for all these geopolitical crises, he'd have some fairly decent-sounding news to spin.

Budget Wars in Washington: The Jetsons Meet the Flintstones

Lisa Kaas Boyle | Posted 05.25.2011 | Home
Lisa Kaas Boyle

Just as the futuristic Jetsons and the Stone Age Flintstones met up in the 1987 cartoon, "The Jetsons Meet the Flintstones," two camps with wildly different mindsets are meeting on the floors of Congress.

Obama's Libya Policy Is a Desert Mirage

Amb. Marc Ginsberg | Posted 05.25.2011 | Home
Amb. Marc Ginsberg

The more the White House filibusters around the edges, the more it appears as if its Libya policy is one big alibi. It all seems to add up to empty words and meaningless gestures.

If Oil Prices Continue Climbing, Count On Another Recession, Analysts Say

The Huffington Post | Yepoka Yeebo | Posted 05.25.2011 | Home

Yet another group of analysts have issued a grim warnings about the recent run-up in oil prices. In a letter to clients, analysts at Bank of Americ...

Today's Business Headline "Futures Turn Higher Following OPEC News"... Really!?

Raymond J. Learsy | Posted 05.25.2011 | Home
Raymond J. Learsy

Blazoned on the top of the CNBC News page was the headline, "US Futures Turn Higher Following OPEC News." The article goes on to advise that OPEC was considering raising production for the first time in two years.

Oil Prices Soar Again

AP | Posted 05.25.2011 | Home

(AP) Oil prices climbed to near $106 a barrel Monday as intense fighting between Libyan government forces and rebels appeared to be turning into a civ...

What Oil Shortage?

Jayne Lyn Stahl | Posted 05.25.2011 | Home
Jayne Lyn Stahl

Here's the $60 million question: why are gas prices going up so high? On fears of an attack on oil supplies in the Middle East, and Libya? Repeat, on ...

Oscar Nod Should Go to Saudi King Abdullah

Diane Francis | Posted 05.25.2011 | Home
Diane Francis

The script that should be paid attention to is that Saudi's King will run the oil world until Middle East tumult threatens his family's power.

Crazy Oil Prices Driven by Perceptions, Not Realities

Daniel Dicker | Posted 05.25.2011 | Home
Daniel Dicker

Someone explain to me how the risk of a real supply shortage, at least several months away, needs to be represented in $110 crude prices being delivered today.

Banks Warn Of Oil Shortage If Mideast Unrest Grows

Posted 05.25.2011 | Home

LONDON (By Dmitry Zhdannikov and Christopher Johnson) - Major banks warned on Thursday an output loss from another oil producer after Libya would lead...

Libya Chaos Could Leave 'Lasting Scars' On Area's Oil Production

Posted 05.25.2011 | Home

NEW YORK (By By Joshua Schneyer) - Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly certain...

Libya Chaos Could Leave 'Lasting Scars' On Area's Oil Production

Posted 05.25.2011 | Home

NEW YORK (By By Joshua Schneyer) - Regardless of what comes next in Libya's lethal political standoff, the OPEC country's oil sector is nearly certain...

Oil Prices Soar On Libya Unrest

Posted 05.25.2011 | Home

LONDON -- Oil prices charged to fresh 2-1/2 year highs on Monday as traders reacted to increasing violence in major producer Libya, which fed investor...

WikiLeaks Reveals Imminent Saudi Oil Peak

Jeffrey Rubin | Posted 05.25.2011 | Home
Jeffrey Rubin

Saudi Arabia no longer has the capacity to prevent prices from rising because it can't meet world demand. And if Saudi Arabia no longer has an ability to raise production, who does?

WikiLeaks Brings Misguided Joy to Preachers of Oil's Peak

Raymond J. Learsy | Posted 05.25.2011 | Home
Raymond J. Learsy

The perception of shortage is one of the bedrocks of the oil producers' pricing propaganda, rationalizing steepening prices and profits to the OPEC cartel. So of course we're fed reports of scarcity.

Risks to the Suez Canal Set the Stage for Falsely Hyping the Price of Oil

Raymond J. Learsy | Posted 05.25.2011 | Home
Raymond J. Learsy

Has anyone stopped to determine what the closure of the Suez Canal would actually mean to the oil market in dollars and cents?

Egypt Unrest May Cause Big Rise In Oil Prices: Kuwait Official

Posted 05.25.2011 | Home

Global oil prices could exceed $110 a barrel if political unrest in Egypt continues, a member of Kuwait's Supreme Petroleum Council said on Sunday. ...

How Do Oil Shocks Cause Recessions?

Jeffrey Rubin | Posted 05.25.2011 | Home
Jeffrey Rubin

Oil prices caused the last recession, and oil prices will cause the next one as well. In fact, this time around, oil prices are rising much earlier.