On Oil, Politics, and Hating Me Because I Tell the Truth
Region: Wisconsin
With oil prices flowing relentlessly upward--at least for the time being--and gasoline prices naturally, inevitably following suit, it should be clear to all educated adults, regardless of whether or not they are economist... more
Views: 3218Oil Headed For A Correction, Despite $200 A Barrel Prediction
Region: United States
Despite oil prices hovering $123, nearing the $200 a barrel prediction, investors managed to stay in the race and continued to make bets on Wall Street. All the big three indexes were higher by the end of the day, Tuesday.... more
Views: 1859Oil Prices Will Surge to $200
Region: United States
According to Goldman Sachs, the lack of oil supplies and the increase in demand will see the price of the barrel reach $200 in the next two years. As of today, oil hit a record breaking $121 a barrel, up 100% from la... more
Views: 1560Afghan Pipeline Looks Far-Fetched as Ever
Region: Afghanistan
Although the idea of a gas pipeline running from Turkmenistan all the way to India has been revived in a new round of negotiations, NBCentralAsia energy experts say the project continues to look highly unlikely, not least ... more
Views: 1502Farmers and Ethanol Producers Weigh In On The Bio-Fuel Debate
Region: United States
In regards to the criticism of the use of ethanol, both the farmers and the ethanol producers have weighed in on the debate. Recently, lawmakers and several scientists had blamed the use of food-based bio-fuels such as cor... more
Views: 1301Maliki Bolstered by Basra Sweep
Region: Iraq
By Hiwa Osman Prime Minister Nouri al-Maliki's recent crackdown on militias in Basra has opened a fresh chapter in Iraqi politics, given the army new impetus, and restored a degree of public confidence in the state's abil... more
Views: 990Stocks Sinking on Sagging Consumer Confidence and Possible Oil Disruptions
Region: New York
"There was an immediate panic in oil because traders were very nervous. It seems now the market is easing those concerns because it seems to be an isolated incident. But issues that developed in Nigeria and U.K. are still ... more
Views: 1396Let the New Environmentalism Be Unfurled
Region: District of Columbia
Victor Davis Hanson writes in his just-published essay "A New Environmentalism" that it is "time to re-evaluate domestic oil production in environmental -- and moral --terms. The question is no longer simply whether we wan... more
Views: 1572World "Could Become Violent"; As U.S. Loses Dependence on Middle East Oil
Region: Brazil
"We could see that world becoming a very violent one. If the United States isn't getting any crude from the Gulf, what benefit does it have in policing the Gulf anymore? All of the geopolitical flux that wracks that region... more
Views: 1423Oil Painting Originated In Asia, Buddhist Cave Paintings Suggest
Region: Afghanistan
“This is the earliest clear example of oil paintings in the world, although drying oils were already used by ancient Romans and Egyptians, but only as medicines and cosmetics." Thus spoke Yoko Taniguchi concer... more
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