Category: ‘
Oil Prices ’
76 entries in this category. Displaying 31-36 of 76
Early last month, we wondered whether crude oil could reach $100 per barrel by Christmas. That day (November 9), the spot price for WTI was $87.04 per barrel. A month before, it just over $82 per barrel, and a month before tha...
Posted Monday, December 6th, 2010 at 7:32 am | Filed in: Gas Prices, Oil Dependence, Oil Prices
Maybe, according to Shokri Ghanem, Chairman of Libya’s National Oil Corporation. He was preceded by Saudi Arabian Oil Minister Ali al-Naimi who appeared to revise his stance on a “right range” at $70 to $90 (late last year...
Posted Tuesday, November 9th, 2010 at 9:13 am | Filed in: Gas Prices, Oil Dependence, Oil Prices
Most hyperbolic assertions about the need to move on climate change policy in order to gain energy "independence" are just that -- hyberolic assertions without factual support. In fact, the failed cap and trade bills in the 111t...
Posted Thursday, November 4th, 2010 at 8:06 am | Filed in: Energy Security, Environment, Oil Dependence, Oil Prices
The Executive Director of the International Energy Agency (IEA) told reporters today that half of the world’s oil supplies could come from offshore production by 2015. Not necessarily a surprising statistic—approximately one...
Posted Tuesday, October 12th, 2010 at 7:40 am | Filed in: Oil Prices
The distinction between domestically produced and imported oil has been a subject of considerable debate and confusion. From an energy security standpoint, a common argument goes that increased production of oil in the United St...
Posted Monday, July 26th, 2010 at 12:49 pm | Filed in: Economic Security, Energy Security, Energy Supply, Oil Dependence, Oil Prices
Oil prices have fallen precipitously since early April, closing at around $70 a barrel on Monday. It is widely known that ups and downs in the major oil exporters’ political power abroad and control over the opposition at home c...
Posted Tuesday, May 25th, 2010 at 1:59 pm | Filed in: Energy Security, Oil Prices
Two weeks after the initial accident on the Deepwater Horizon, it is worth thinking about what may happen with respect to offshore drilling policy in response to the accident and the spill.
The President has called the oil spil...
Posted Monday, May 3rd, 2010 at 11:03 am | Filed in: Energy Supply, Oil Prices
Some weeks ago, this blog reported on the link between Greece’s economic crisis and world oil markets. Yesterday, a senior German banker told Bloomberg News that “The situation in Greece has an indirect impact on the oil marke...
Posted Tuesday, April 27th, 2010 at 6:55 am | Filed in: Oil Prices
Oil prices are still rising. And, quite rightly, people everywhere are still talking about what is responsible for it, whether it is justified by fundamentals, and what effect it is having.
Here are a couple of additional tho...
Posted Wednesday, April 14th, 2010 at 10:52 am | Filed in: Oil Dependence, Oil Prices
Gas taxes.
Oh . . . . the trouble we get into when we talk about raising gas taxes.
So I am not going to suggest that we increase gas taxes, even though thoughtful people on the left (here) and right (here, here) have st...
Posted Monday, April 12th, 2010 at 10:26 am | Filed in: Energy Security, Gas Prices, Legislation, Oil Dependence, Oil Prices
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