Category: ‘ Oil Prices ’

 

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...

How to Look at the Petroleum Intensity of the Economy

As oil prices have moved sharply higher in recent weeks, questions have arisen as to whether or not the higher prices will affect our economy.  Here, here, and here.  A frequently heard response is that because our economy is le...

Here we go again — an oily recession?

Justin Lahart in today's WSJ:  "Rising Oil Prices Raise the Specter of a Double Dip."  Yep.  A year ago, energy-minded folks were wondering whether spring would bring Middle East chaos caused by an Israeli preemptive strike on ...

Oil Trade Deficit Spikes in December

The Census Bureau released December trade deficit data last week, and the picture on oil imports was not reassuring, as one might have expected.  You can access the full report here.  With oil prices averaging $89.15 per barrels...
«Previous Post Next Post»