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Oil Market

Is Hugo Chavez Ready for the Coming Fall?

Francisco Toro | Posted 03.01.2009 | World

Read More: Oil Market, Hugo Chavez, Venezuela, Petrostate, South America, Poverty, World, Money, Economy, Oil, Poverty Abroad, Petroleum, Pat Robertson, World News
Francisco Toro

Venezuela is a petrostate: the government owns the only oil company, and oil prices rose every single year from the turn of the century through last year.

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Oil plunges to 13-month low on global slowdown

AP | STEVENSON JACOBS | Posted 11.10.2008 | Business

Read More: Oil, Oil Prices, Oil Market, Gas Prices, Oil Prices Fall, Oil Demand, Business News

NEW YORK — The stunning collapse in oil markets accelerated Friday, sending a barrel of crude plunging below $78 as investors grow more pessimis...

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Oil Prices Shoot Up More Than $6 A Barrel

AP | STEVENSON JACOBS | Posted 10.20.2008 | Business

Read More: Oil Prices, Oil, Gas Prices, Oil Market, Business News

NEW YORK — Oil prices shot up more than $6 a barrel Friday, breaking back into $100 territory as a sweeping government plan to rescue the imperi...

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What's Going On in the Oil Market?

Hale "Bonddad" Stewart | Posted 06.15.2008 | Business

Read More: Economy, Oil Prices, Declining Dollar, Oil Market, Business News
Hale

The reasons for oil's upward spike run deep and wide. The main contributing factor -- the dollar's drop -- isn't going away anytime soon, largely because the US' federal finances are a total wreck.

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Gingrich Mounts Campaign to 'Drill Here, Drill Now, Pay Less'

David Roberts | Posted 06.07.2008 | Politics

Read More: Oil, Newt Gingrich, Oil Market, Gas Prices, Oil Drilling, Saudi Arabia, Green, Alaska Oil, Kuwait, Republicans, Anwr, Politics News
David Roberts

The U.S. cannot affect oil or gasoline prices in any significant way by drilling more oil. Full stop. Gingrich is knowingly lying to people (and taking their money).

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Sam Stein

The Iraq Recession: Debate Raging Over War's Economic Impact

HuffingtonPost.com | Sam Stein | Posted 03.28.2008 | Politics

Read More: Housing Market, Gary Hart, Economic Recession, Iraq War Recession, War, Oil Market, Oil Prices, Oil, Iraq War, Robert Samuelson, Robert Shapiro, Congress, Housing Crisis, Elias Tuma, Politics News

Within the halls of Congress and on editorial pages of the country's newspapers, questions are being raised as to whether the Iraq war bears responsib...

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BP To Plead Guilty To Criminal Environmental Charges, Pay $50 Mil Fine

Wall Street Journal | ANN DAVIS, MATTHEW DALTON, GUY CHAZAN | Posted 03.28.2008 | Business

Read More: Oil Market, Tony Hayward, British Petroleum, Bp, Propane Market, Business News

New BP PLC Chief Executive Tony Hayward is making sweeping moves to clean up the oil giant's operational and regulatory troubles. Among them: an expec...

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