Category: ‘ Oil Prices ’

 

Political Roundup

If we need any further proof that America’s oil dependence keeps us beholden to outside players, we can look to comments made by Saudi Arabian Prince Alwaleed bin Talal earlier this week.  Voicing what can be interpreted as the...

Outlook for Oil Prices? Up and Up…

Strong global fuel demand growth and tighter OPEC spare capacity has led investment banks Goldman Sachs and Morgan Stanley to raise their oil price forecasts for 2011 and 2012. Goldman Sachs raised their end-2011 price forecast...

Understanding oil subsidies

Tune in today for a reasoned and constructive examination of the impact of oil subsidies on the US deficit, economy and energy security as the Senate Finance Committee conducts a hearing featuring the CEOs of the five majors.  NO...

Oil Trade Deficit Rises 20 Percent in March

The Census Bureau released March trade data today, and despite U.S. companies selling the most goods and services overseas in nearly two decades, a big jump in oil prices pushed the nation’s trade deficit to its highest level si...

The price of gasoline? Check the price of oil…

With so much talk of oil company profits, price speculation etc. it seems reasonable to ask just what components do make up the retail price of gasoline.  Here is a very quick note on trends, adapted from the Energy Information A...

Who Cares Where Our Oil Comes From?

Once again, the price of oil is making Americans nervous. In response, today, President Obama set a goal of reducing import oil by one third within 10 years.   As Congress and the president face off over energy policy, we should...

Why moving beyond oil is so difficult

Over seventy percent of U.S. oil consumption is attributable to the transportation sector.  Any effective solution to U.S. oil dependence is going to (in fact must) arise in this sector.  Many options exist, from simply improvin...

SAFE Issue Brief: Oil Shock: Options for Policymakers

Amidst the ongoing unrest in the Middle East and rising oil and gasoline prices, Securing America’s Future Energy (SAFE) today released “Oil Shock: Options for Policymakers,” a paper examining the causes and effects of oil p...

Basic Principles of Economics and Rising Oil Prices

As oil and gasoline prices are once again on the rise, it is suggested commonly in policymaking circles that if we produce more oil, or use less oil, the price will fall.  That is after all a basic economic principle.  Its appli...

Geopolitical Instability and Meeting Global Energy Demand

A lot of recent oil news has focused on the price increases attributable to instability across the Middle East and North Africa (MENA).  Protests and revolution have occurred in several nations and Libya now appears to be descend...
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