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Dept of Energy

President Obama Gets It Wrong On the Price of Oil and the Strategic Petroleum Reserve

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

We need our president to act on behalf of all Americans to counter and bring to heel the massive influence, lobbying power and money of the oiligopoly. The president does not seem to understand what is happening at the gas pump.

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.

'Noble' OPEC Criticizes the International Energy Agency

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

OPEC is prepared to do little or nothing to help reduce the current level of oil prices. Their lack of willingness to hold the price at moderate levels gives the speculators a one way bet on ever higher prices.

The Billion Dollar Day Extortion: A Somnolent Administration and Dysfunctional Congress' Gift to the American People

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

At $80 a barrel, an excess of one billion dollars a day is being lifted from the pockets of the American consumer through higher gas prices, heating bills, lost jobs because of higher industrial feed stock costs.

Green News Report: July 20, 2010 (Audio)

Brad Friedman and Desi Doyen | Posted 05.25.2011 | Green
Brad Friedman and Desi Doyen

TWITTER: @GreenNewsReport The 'GNR' is also now available on your cell phone via Stitcher Radio's mobile app! IN TODAY'S RADIO REPORT: Confirmed ...

If the OPEC Cartel Is Being Tolerated, Why Not a Grain Export Association?

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

Given OPEC's success, given our tolerance of its activities, given its enormous cost to our society, why should we not, in our own self-interest and in an effort to level the playing field, follow its example?

The Bush Years' Single Accomplishment: Exxon Mobil's Staggering Record Profit

Raymond J. Learsy | Posted 05.25.2011 | Business
Raymond J. Learsy

In breathtaking example of the manner in which oil has corrupted the Bush administration we have prima facie evidence of the perverted priorities of the last eight years.