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Cheap Oil

Oil Prices Soar: What Are You Cutting Back On?

The Huffington Post | Maxwell Strachan | Posted 05.25.2011 | Business

With the average price of gasoline now above $3.50 per gallon, we asked our readers what spiking oil prices would cause them to cut down on. (See what...

Obama's Fiscal Stimulus No Substitute for Cheap Oil

Jeffrey Rubin | Posted 05.25.2011 | Business
Jeffrey Rubin

Feed the US economy cheap oil, and you'll see robust growth rates and a drop in the jobless rate to four-decade lows -- no matter who's in the White House. But throw in $147-per-barrel oil, and the US economy stops dead in its tracks.

Pioneers of the New Normal

Sarah van Gelder | Posted 05.25.2011 | Home
Sarah van Gelder

Americans are facing a troubling reality. The economic recovery we were promised has not materialized. There's growing talk about a "new normal"--a ne...

Which Is Worse For Green Energy? Cheap Oil Or Financial Crisis

The Wall Street Journal | Keith Johnson | Posted 05.25.2011 | Green

Oil prices plummeted again Thursday, falling under $70 a barrel for the first time in more than a year. That kicked OPEC into action--the oil cartel...