The Real Story Behind the Oil Price Collapse
Mar 13, 2015 With demand stagnant and excess production the story of the moment, the very strategy that once generated record-breaking profits for the oil industry has suddenly become hopelessly dysfunctional.
Mission Accomplished for Big Oil?
Aug 23, 2012 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?
Big Trouble in Little North Dakota
May 14, 2012 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.
Israel’s Insatiable Zionism
Aug 21, 2011 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.
Is Rampant Speculation Driving Up the Price of Oil?
Apr 29, 2011 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).
You Bet Your Sweet Gas!
Mar 17, 2011
OPEC: War With Iran Would Cause ‘Unlimited’ Oil Price Hike
Jul 11, 2008 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.
Oil Hits New High, Again
May 23, 2008 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.
