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Tag: Opec


irrezolut (CC BY-SA 2.0)

Mission Accomplished for Big Oil?

Big Oil has replaced U.S. troops in Iraq, and the country’s oil output, crippled for decades, is growing again, with Iraq recently reclaiming the number two position in the Organization of the Petroleum Exporting Countries. Now there’s talk of a new world petroleum glut. So is this finally mission accomplished?

This piece originally appeared at TomDispatch.

Posted on Aug 23, 2012 READ MORE



gfpeck (CC BY-ND 2.0)

Big Trouble in Little North Dakota

With 18 million Americans unemployed, thousands from across the country are flocking to North Dakota amid an oil boom there. The state now produces more oil than many members of OPEC and could soon make America the world’s top oil producer.

Posted on May 14, 2012 READ MORE



Israel’s Insatiable Zionism

Israel’s Zionism turned capitalism is getting out of hand; Postmodernism is dead, leaving many to question what it was in the first place; meanwhile, the Americas are projected to replace the Middle East as the energy capital of the world. These discoveries and more after the jump.

Posted on Aug 20, 2011 READ MORE



American Solutions

Is Rampant Speculation Driving Up the Price of Oil?

It seems everyone’s got a pet theory about why the price of oil has jumped roughly 30 percent since the start of the year. Right- wingers blame a conspiracy hatched by President Barack Obama to strangle domestic oil production and push his “radical” green agenda on an unsuspecting America ... (more)

Posted on Apr 28, 2011 READ MORE


You Bet Your Sweet Gas!

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Posted on Mar 17, 2011 READ MORE    


oil prices
instablogsimages.com

OPEC: War With Iran Would Cause ‘Unlimited’ Oil Price Hike

The price of oil is bad now, but it could get much worse, according to OPEC Secretary-General Abdalla Salem el-Badri, if Iran became embroiled in a military conflict with the U.S. or Israel. If a war occurs, Badri says, there’s no telling how high oil prices might climb.

Posted on Jul 10, 2008 READ MORE


oil price graph
news.bbc.co.uk

Oil Hits New High, Again

The price of a barrel of crude oil has doubled over the last year, reaching a record $135 on Thursday. With dwindling supplies and a weak dollar, analysts expect the price to go up for some time.

Posted on May 22, 2008 READ MORE


Ahmadinejad and Chavez
AP photo / Vahid Salemi

Chavez and Ahmadinejad Huddle in Iran

Venezuelan President Hugo Chavez stopped off in Tehran to meet with Iranian President Mahmoud Ahmadinejad on Monday after the weekend’s OPEC summit in Saudi Arabia, marking Chavez’s fourth trip to Iran in two years.  During their tête-à-tête, the two least likely leaders to drop in for dinner at the White House discussed, among other things, the dollar’s recent and precipitous decline.

Posted on Nov 19, 2007 READ MORE


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