While waiting to find out how many million barrels of daily oil production OPEC says it will cut, it’s a good time to review the financial-energy situation as the two are now inextricably linked.
Posts Tagged ‘Energy’
Nuclear Power May Be in Early Stages of a Revival
After three decades without starting a single new plant, the American nuclear power industry is getting ready to build again.
Oil Spike: Will a Financial Bailout Push Crude Back Up?
Congress might bail out more than just Wall Street—it could bail out OPEC, as well, keeping oil prices high and climbing into next year.
Are Oil Prices Rigged?
Time- 8/22/08
We’ve all read that speculators are driving oil prices artificially high — a claim that gets more interesting in light of oil’s recent fall below $115. But maybe we’re looking at it from the wrong perspective. Suppose that major suppliers in the oil industry are these manipulative speculators.
Is it possible that oil prices are [...]
