Price of Oil

Banana Ben Strikes Again

Michael Pento | Posted 10.16.2009 | Business

Read More: National Debt, Global Currency, Federal Reserve, Dollar, Currency, Business News, China, Ben Bernanke, Price of Oil, Business News
Michael Pento

The world's reserve currency can't inflate its way to prosperity. The danger of causing a disorderly decline of the dollar is very high.

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Grandma Knows Best

Dan Dorfman | Posted 08.17.2009 | Business

Read More: U.S. Economy, JPMorgan Chase, Goldman Sachs, Price of Oil, Nouriel Roubini, Stimulus Bill, Fadel Gheit, Oil, Financial Crisis, Business News
Dan Dorfman

My grandma said that if I read something that doesn't seem to make sense, I should think twice about it. With that thought in mind, I decided to rattle off a slew of economic absurdities coming from Wall Street, the media and Washington.

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Language, the Media and the Price of Oil

Raymond J. Learsy | Posted 06.08.2009 | Business

Read More: Energy, Oil, Price of Oil, Media, Sharon Epperson, Opec, International Energy Agency, Cnbc, Business News
Raymond J. Learsy

CNBC provided a perfect example of why the public has been led so far astray when we are informed by the media about oil and its market structure.

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The Oil Patch Vaudeville Act

Raymond J. Learsy | Posted 04.30.2009 | Business

Read More: Energy Information Agency, James Simmons, Oil Industry Public Relations, Norway, American Petroleum Institute, Opec, Wall Street Journal, Statoil, Cambridge Energy Research Associates, Price of Oil, Goldman Sachs, Norway Oil Trust, Peak Oil, Jad Mouawad, Gazprom, Oil, T.Boone Pickens, New York Times, Petoro, Crude Oil Prices, Oil Prices, Matt Simmons, Business News
Raymond J. Learsy

The current oil price of $52 per barrel reflects an increase of 400% from one decade ago. What else in your day to day experience has gone up that steeply in the past 10 years? Think about it.

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Our Dangerous Addiction to Immediacy

Jeff Schweitzer | Posted 04.09.2009 | Green

Read More: Wind Power, Renewable Energy, Environment, Fossil Fuels, Solar Power, Climate Change, Energy, Price of Oil, Oil Tax, Gasoline Tax, Reliance on Oil, Gas Tax, Price-of-Oil, Environmentalism, Oil Dependence, Cost-of-Oil, Oil Costs, Cost of Oil, Green News
Jeff Schweitzer

The time has come for society to pay the true environmental and national security price tag of burning fossil fuels.

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Had Enough?

Jonathan A. Schein | Posted 03.08.2009 | Business

Read More: Gas Prices, Gas, Exxon Mobil, Oil, Oil Prices, Exxon, Exxon Profits, Price of Oil, Business News
Jonathan A. Schein

The next time you pull up to a filling station, think about this: do we really need to help a company earn $45.2 billion in profits when the global economy is teetering on a very precarious perch?

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T. Boone Pickens Predicts Oil Back To $100 By End Of 2010

CNBC | Posted 02.07.2009 | Business

Read More: Oil, T Boone Pickens Oil Prediction, Price of Oil, T Boone Pickens, Business News

Texas billionaire T. Boone Pickens said Tuesday that oil prices will rise above $100 a barrel by the end of 2010 as the global economy recovers....

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Energy Efficiency is the New Oil

Stephen Cowell | Posted 01.16.2009 | Green

Read More: Cost of Energy, Energy Efficiency, Low Oil Prices, High Oil Prices, Green, Oil, Oil Prices, Green Living, Green Energy, Price of Oil, Green News
Stephen Cowell

Reduced consumption has sent the price of oil plummeting from record highs. In other words, energy efficiency is the gift that keeps on giving.

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While The World's Economies Are Reeling, OPEC Wants Us To Pay More For Oil

Raymond J. Learsy | Posted 11.13.2008 | Business

Read More: Oil, New York Times, Saudi Oil Minister Ali Al-Naimi, World Financial Crisis, Opec, Price of Oil, Chakib Kheklil, Business News
Raymond J. Learsy

With OPEC's volition to keep prices at artificial and egregiously high levels, they have forever lost all semblance as suppliers who can be relied upon in good times and bad.

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Friday Talking Points [41] -- The Silly Season

Chris Weigant | Posted 08.09.2008 | Politics

Read More: Paris Hilton, Ads, Gas Prices, Mudslinging, Britney Spears, Homosexual, Iraq, Diplomacy, Media, Campaign, Withdrawal, Republican, California, Iran, Television, Specifics, 2008, Sofa, Midotw, Most Disappointing Democrat of the Week, 2008 Campaign, Most Impressive Democrat of the Week, Celebrity, Status of Forces, Keating Five, Andres McCain, Rove, John McCain, Gas, Karl Rove, Gasoline, Deval Patrick, Timeline, War, Campaign Ads, Democrat, Massachusetts, 2008 Elections, 08, Gay, 2008 Election, Barack Obama, Election, 08 Election, Price of Oil, Elections, 08 Campaign, Mddotw, Convention, 2008 Presidential Race, Oil, Maliki, News, Britney, Media Bias, Gay Marriage, Politics News
Chris Weigant

I have a confession to make. I actually watch the network news. Maybe I should enter into a twelve-step program or something. But I don't watch the ...

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Offshore Drilling Won't Help, But "Green Stimulus" Can

Mark Weisbrot | Posted 08.08.2008 | Politics

Read More: Energy, Price of Oil, Energy Information Administration, Mass Transit, Senator McCain, Oil Dependency, Energy Consumption, Senator Obama, Economic Stimulus, Public Transit, Green Stimulus, Stimulus, Housing Bubble, Politics News
Mark Weisbrot

On This Week, McCain again mentioned "offshore drilling" as part of a plan to reduce dependence on foreign oil. And he got away with it.

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Behind the Rise in Prices: The Plan to Torpedo the Dollar

Danny Schechter | Posted 05.27.2008 | Politics

Read More: Price of Oil, Dollar, China, Bush Administration, Economy, Bankers, Hank Paulson, Sub-Prime Mortgage Crisis, China Earthquake, Politics News
Danny Schechter

Paulson avoided a straight answer with a flurry of "uh, uh, uh," halting phrases and contradictory assertions.

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Oil passes $120, gas prices slip more than a cent

AP | JOHN WILEN | Posted 05.13.2008 | Business

Read More: Gas Prices, High Gas Prices, Price of Oil, Oil Prices, Business News

NEW YORK — Oil futures surged to a new record over $120 a barrel Monday, raising concerns about higher prices for gasoline and goods and service...

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Crude oil at new high just above $114; gas also at a record

AP | ADAM SCHRECK | Posted 04.23.2008 | Business

Read More: Oil, Oil Prices, Oil Barrels, Price of Oil, Price of a Barrel of Oil, Business News

NEW YORK — Energy traders rewrote the record books again Tuesday, pushing oil futures past $114 a barrel as gasoline and diesel prices struck ne...

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Have Oil Prices Peaked? Traders Seem To Say Yes

Financial Times | Javier Bias | Posted 03.28.2008 | Business

Read More: Oil, Oil Prices, Price of Oil, Oil Peak, Oil Barrel, Business News

Investors are shifting their bets towards oil prices weakening in the near future as the slowdown in US economic activity damps energy demand growth, ...

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