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Strategic Petroleum Reserve

Putting a Stop to Iran's Nuclear Ambitions Without Export Embargoes

Raymond J. Learsy | Posted 11.27.2009 | Business

Read More: Strategic Petroleum Reserve, European States, World Affairs, 'State of the Union Program, China, Sunni Shia, Iran, Politics, Cnn, Senator Birch Bayh, Nuclear Weapons, John King, Saudi Arabia, Russia, Oil, Iran Mullahs, Iranian Oil, Nuclear-Defense-Umbrella, Energy, Hillary Clinton Secretary of State, Business News
Raymond J. Learsy

With recent revelations about Iran's nuclear deception, growing concerns of the major European states, and a far more amenable Russia and China, the moment for a boycott on Iranian oil has come.

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Hillary Clinton's Nuclear Defense Umbrella for the Oil Price Gougers -- Who Pays?

Raymond J. Learsy | Posted 08.27.2009 | Business

Read More: Energy, Iran, Politics, Bush Administration, Strategic Petroleum Reserve, Opec, Saudi Arabia, Arab Allies, U.a.E., Hillary Clinton Secretary of State, Oil, Obama Administration, Green Energy, Kuwait, World News, Nuclear Defense Umbrella, William F. Clinton Presidential Library, Commodity Futures Trading Commision, Bush Presidential Libraries, Business News
Raymond J. Learsy

Clinton, in her recent tour to Southeast Asia suggested clearly that the United States might well extend a "defense umbrella" protecting its Arab allies should Iran develop a nuclear weapons capability.

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Gasoline Prices Up $.25/Gallon in Two Weeks -- Time to Refocus on the Strategic Petroleum Reserve

Raymond J. Learsy | Posted 06.18.2009 | Business

Read More: Energy, Politics, World Economy, Energy Department, Gasoline Prices, Strategic Petroleum Reserve, Oil, The Economy, Obama Administration, Speculators, Opec, President Bush, Financial Crisis, Business News
Raymond J. Learsy

It is time for the Obama administration to show it is cognizant of the creeping upward push of oil and gasoline prices and its impact on a still very fragile economy.

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"Exxon Profit Down 33% in the Fourth Quarter": Please Pity Poor Exxon!

Raymond J. Learsy | Posted 03.03.2009 | Business

Read More: Bush Administration, Royal Dutch Shell, George W. Bush, Exxon Mobil, American Petroleum Institute, Opec, Bush Administration Oil, Strategic Petroleum Reserve, Oil Profits, Exxon Profits, Davos Oil, Davos, Oil Prices, Exxonmobil, Exxon, Bush Pol, Business News
Raymond J. Learsy

How many Americans would have a little more in their savings accounts to see them through tough times if some new alibi didn't enshrine each new high in the price of oil?

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With Bush Leaving Town, Pity Poor Hugo and King Abdullah

Raymond J. Learsy | Posted 02.17.2009 | Business

Read More: Hugo Chavez, Chevron, Strategic Petroleum Reserve, Shell, Mexico, King Abdullah, China, Opec, Ali Al Naimi, VLCC Tankers, Total, Nopec, Saudi Arabia, Ft, Russia, India, President Bush, The Administration, Venzuela, Oil Prices, Oil, Business News
Raymond J. Learsy

With Bush leaving town, the air is going out of the price of oil.

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Energy Lessons for Europe and the U.S. from the 1973 Arab Oil Embargo

Charles D. Ferguson | Posted 02.15.2009 | World

Read More: Coal Plants, Russia, Council on Foreign Relations, Central Europe, Gasoline Prices, Conservation, Cars, Obama Administration, Coal, Eu, Cheap Gas Prices, Oil Embargo, Solar Energy, Electricity, Oil Price, Washington, Arab Oil Embargo, Israel, Yom Kippur War, Natural Gas, Eu Greenhouse Gas Emissions, Cfr, Opec, Strategic Petroleum Reserve, Wind, Russian Gas Dependence, Ukraine, Suvs, Energy Efficiency, Eastern Europe, Increase, Geothermal, United States, Heat Oil, Carbon Dioxide, International Energy Agency, Greenhouse Gas Emissions, Renewable Sources of Energy, World News
Charles D. Ferguson

While feeling angry is justified in a crisis, the governments would be best advised not to get mad at Russia but to get more secure in energy supplies and smarter in energy usage.

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Stop The Energy Department From Hiking Oil Prices By Reinstituting Purchases For The Strategic Petroleum Reserve

Raymond J. Learsy | Posted 02.04.2009 | Business

Read More: Oil, Rep. Edward Markey, Bush Administration, Congress, Department of Energy, Secretary Bodman, Strategic Petroleum Reserve, Ukraine, Business News
Raymond J. Learsy

In essence the Strategic Petroleum Reserve, rather than being our oil safety valve, has become a welfare program for the oil industry and one of the nation's most outrageous boondoggles.

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Oil Prices Slipping? Hurry Moscow, Call Our Strategic Petroleum Reserve Maven -- Energy Secretary Bodman

Raymond J. Learsy | Posted 11.30.2008 | Business

Read More: Secretary of Energy Sam Bodman, Russia, Strategic Petroleum Reserve, Deputy Prime Minister Igor Sechin, Oil, OPEC Secretay Gneral Abdullah Al-Badri, Congress, President Medvedev, Opec, Business News
Raymond J. Learsy

Our Strategic Petroleum Reserve is an oil industry boondoggle and has been administered in a way primarily to the benefit of the oil-patch few rather than the nation's citizens many.

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As the Bush Years Wind Down the New York Times Signals Hard Times Ahead for Russia, Venezuela, Iran

Raymond J. Learsy | Posted 11.21.2008 | Business

Read More: PM Gordon Brown, Strategic Petroleum Reserve, VP Cheney, Cftc, Predident Bush, Congress, Opec, Department of the Interior, Iran, Oil Industry, Venezuela, G.W. Bush, Saudi Arabia, Oil, Sam Bodman, Russia, New York Times, Depatment of Energy, The Administration, Bush Oil, Big Oil, Business News
Raymond J. Learsy

Against the interests of the nation this administration has permitted, even encouraged the dramatic transfer of wealth to oil interests in dimensions beyond the fondest dreams of Croesus.

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Gustav and Oil Price Hysteria

Raymond J. Learsy | Posted 10.02.2008 | Business

Read More: Energy, Iea, Katrina, Department of Energy, Gustav, Strategic Petroleum Reserve, Oil, Hurricane Gustav, Hurricane Gustav Oil, Business News
Raymond J. Learsy

Why is it that our media hardly ever gets it right and lets the oil industry and the speculators run roughshod over our pocketbooks?

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In the Path of Gustav the Huffington Post Moves the Price of Oil

Raymond J. Learsy | Posted 09.29.2008 | Business

Read More: Bloomberg, Hurricane Gustav, Department of Energy, Strategic Petroleum Reserve, Huffingtonpost, International Energy Agency, Oil, Business News
Raymond J. Learsy

Cause and effect? You decide. Consider the time frame.

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Hurricane Gustav and Our Strategic Petroleum Reserve

Raymond J. Learsy | Posted 09.28.2008 | Business

Read More: Oil, Oil Industry, Department of Energy, Strategic Petroleum Reserve, Strategic Oil Reserve, Hurricane Gustav, Business News
Raymond J. Learsy

What is the Strategic Petroleum Reserve for if not a situation such as this? But don't count on this administration to do anything to contain the price of oil and thereby bring consternation to their cronies in the oil patch.

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It's Not Oil Supply -- It's the High Fear Hype!

Steve Clemons | Posted 08.13.2008 | Politics

Read More: Energy, National Security Strategy, Wmds, John McCain, u.s. Foreign Policy, Strategic Petroleum Reserve, Research Magazine, Middle East Equilibrium, George W. Bush, Bush/Cheney, Gary Sick, Energy Policy, Barack Obama, First USA Bank, Iran, Richard Vague, Nuclear Weapons, Columbia University, Oil Drilling, Middle East, Nancy Pelosi, Barclays USA, Oil, Israel, Crisis, New Equilibrium, Richard Cheney, Ahmadenijad, Obama Oil, 2008 Election, Oil Prices, McCain Oil, Politics News
Steve Clemons

This debate over oil and energy policy disgusts me because both Obama and McCain are trying to force short term, knee jerk responses to a major policy challenge for the nation.

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Obama Nails It: Calls For Release of 70 Million Barrels From The Strategic Petroleum Reserve

Raymond J. Learsy | Posted 08.12.2008 | Business

Read More: Iran, Cnbc, Strategic Petroleum Reserve, Security Council, Obama, Opec, Commodity Exchanges, Barack Obama, Tropical Storm Edouard, Business News
Raymond J. Learsy

Finally we have some one on the national presidential stage willing to confront the staggeringly high oil prices at its core.

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Facts and Lies about Lowering Oil Prices

Alan Rosenblatt | Posted 07.30.2008 | Green

Read More: Energy, Gas Prices, Center for American Progress Action Fund, Strategic Petroleum Reserve, Energy Security, Renewable Energy, Big Oil Profits, Green Energy, Center for American Progress, Low Carbon Economy, Pelosi, Rita, Addiction to Oil, Big Oil, Greenhouse Gases, Real Energy Solutions, Oil Prices, Katrina, Spr, Green News
Alan Rosenblatt

Big Oil makes more money when prices go up and that money is nicely spread among its allies in Congress. Trusting these guys is like trusting your neighborhood pusher.

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