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World Oil Market

The Myths Behind the Tar Sands Stampede

Carl Pope | Posted 04.24.2012 | Green
Carl Pope

So tar sands are not only a source of enough carbon to increase global climate by a huge amount -- they are also the key to keeping diesel prices low enough to enable the world to fry itself by shipping long distance coal where it can be burned profitably, if lethally -- for the climate.

Libyan Violence Moves Oil Price -- and It Could Get a Lot Worse

Robert L. Cavnar | Posted 05.25.2011 | Green
Robert L. Cavnar

This crisis, if nothing else, emphasizes the weakness of world oil supplies and the utter lack of control the US has over its own destiny.