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Oil Markets

How Big is Canada's Oil Subsidy to the U.S.?

Jeffrey Rubin | Posted 03.10.2013 | Business
Jeffrey Rubin

Before rushing ahead to double oil sands production -- and sending billions more in de facto energy subsidies to U.S. refiners -- Canadians may be better off if producers figure out how to capture more value from what they're already digging out of the ground.

Oil Markets Losing Lustre

Daniel J. Graeber | Posted 11.28.2012 | Business
Daniel J. Graeber

A U.S. energy trade group said the petroleum market in the country was hit by slumping demand. Total petroleum deliveries for August were at their lowest level for the month in 15 years and domestic oil production followed similar trends.

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.

Can Anyone Explain This Offshore Drilling Decision?

Andrew Winston | Posted 05.25.2011 | Green
Andrew Winston

I'm completely confused by the decision on offshore drilling, or at least by its timing. I can only come up with a few plausible reasons the President would support this, but none make real sense to me. Here are some lines of logic that some may support...

Oil Markets: Bottoming Out Or Just Taking A Breather?

AP | ADAM SCHRECK | Posted 05.25.2011 | Business

NEW YORK — Oil prices tumbled below $130 a barrel for the first time in more than a month Thursday, as crude's dramatic slide entered a third da...

Iran Attack Not a Problem, Say War Wonks

Russ Wellen | Posted 05.25.2011 | Politics
Russ Wellen

For better or worse, we're constitutionally incapable of summoning up sufficient cynicism to imagine the moral depravity required to start another war.