March 2, 2011

Arab Freedom Worth an Oil Shock

Martin Wolf, Financial Times

AP Photo

Beyond that, much would depend on the durability of the price spike and on the policy responses. If the recent jump proved short-lived, the economic effect would be reversed. Among important questions is how far such unrest affects other producers, particularly Saudi Arabia. For now,...

Read Full Article ››

TAGGED: oil, Middle East, Arab


May 10, 2012
Canada Could Doom Global Civilization
James Hansen, New York Times
GLOBAL warming isn’t a prediction. It is happening. That is why I was so troubled to read a recent interview with President Obama in Rolling Stone in which he said that Canada would exploit the oil in its vast tar sands... more ››
Sorry, but Keystone is not a silver bullet for our sluggish economy. It should be supported, yes, because its benefits — at least in its revised configuration — appear to outweigh its possible costs. But a few... more ››
May 17, 2012
The Future of Oil
International Monetary Fund
We discuss and reconcile two diametrically opposed views concerning the future of world oil production and prices. The geological view expects that physical constraints will dominate the future evolution of oil output and prices.... more ››