October 31, 2012

Time to Stop Worrying About Oil?

Steve Yetiv, World Politics Review

AP Photo

In the most recent presidential debate, Republican nominee Mitt Romney attempted to tap into a deep-rooted fear among the American public of instability in the Middle East, and in particular the concern that any resulting oil supply disruption would spike oil prices and trigger a recession.

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TAGGED: energy, global economy, oil


October 24, 2012
U.S. May Overtake Saudi Arabia as Top Oil Producer
Jonathan Fahey, AP
U.S. oil output is surging so fast that the United States could soon overtake Saudi Arabia as the world's biggest producer. Driven by high prices and new drilling methods, U.S. production of crude and other liquid hydrocarbons... more ››
October 26, 2012
Iran's Laughable Oil Threat
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Facing yet more brutal sanctions and a tanking economy, the Islamic regime in Iran yesterday attempted a little pre-Halloween scare job on markets by threatening to shut off all its oil exports. “If you continue to add to... more ››
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The economic crisis has propelled commercial diplomacy into the fore. In Europe, the focus on exports and investment is leading to increased competition between member states and encouraging bilateralism, to the detriment of... more ››
October 29, 2012
How Canada Got Its House in Order
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As Washington’s fiscal profligacy is debated, few have pointed to a tremendous budgetary turnaround achieved in the mid-1990s. Over just a few years, between 1995 and 1998, Canada transformed a $32 billion federal deficit,... more ››