Category: ‘ Gas Prices ’

 

Speculation isn’t the problem

Robert Samuelson has a column in today's WaPo that should be required reading for anyone with influence on US energy policy.  He begins: We should exorcise the politically convenient notion that high oil prices result from the...

Press Roundup – Saudi Spare Capacity Dwindling

This week, there is plenty to watch in global oil markets. A Tuesday OpEd in the Wall Street Journal, “The End of the Saudi Oil Reserve Margin,” by Cambridge professor and author Jim Krane illustrates how Saudi Arabia’s s...

Yes, there’s no free market in oil

It's always useful, if depressing, to have the facts of the oil market set out in the mainstream media.  In today's case, Steven Mufson of the WaPo has a piece about our friends in the Kingdom of Saudi Arabia seeking to help calm...

To release or not to release, that is the question

Various news agencies are reporting that the Obama Administration will soon announce a release from the Strategic Petroleum Reserve.  As James Herron wrote in today's WSJ, this may be coordinated with the UK and the International...

Fundamentals of gasoline price disparities

Those who decry the state of journalism in the 21st century should take a look at the March 10 NYT piece by Jeff Sommer -- a strong, substantive and balanced account of the market forces (and policies) that account for regional di...

Transferring wealth and sliding back into recession

Liam Denning's punny headling -- "Oil Gives Economy Both Barrels" leads a "Heard on the Street" piece that deserves reading in today's WSJ.   We never tire of pointing out the slow motion train wreck we're in due to our economic...

Rising gas prices, rising rhetoric — no real action

Clifford Kraus in today's NYT:  "Tensions Raise Specter of Gas at $5 a Gallon."  While this piece is well done, it sadly focuses on the political fallout of rising gasoline prices rather than the policy implications of same.  ...

Get Real on Gas Prices

20 days.  Check. Yes, national average gasoline prices have increased for the past 20 days in a row.  Today, they reached $3.70 for Regular—the “cheapest” option (accessed February 27, 2012). This is not new—prices...

Political Roundup: No Quick Fixes

Less you forget it’s an election year, yesterday President Obama spoke regarding his energy strategy in a time of rising gas prices. The speech was widely billed as a defense against recent Republican attacks on this quintessent...

Rising gasoline prices — the answer is obvious

In Tom Fowler's WSJ piece this morning, we hear again the lesson that short term fixes can't bring down oil and gasoline prices,  "that the global economy and geopolitics, not the U.S. industry or economy, are driving" them.  Th...
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