Did you notice. Obama mentioned selling oil out of the strategic oil reserve and the price of oil fell almost $5. That is a bigger drop than suspending the federal…

…clouded by Iraq’s stalled oil law. President Jalal Talabani this week is leading a delegation that includes the oil minister and four other cabinet members, the first Iraqi head of…

…oil-company profits. But according to the Tax Foundation, the government takes about three-times as much in taxes from what you pay at the pump than the oil companies take in…

…in detail three elements of this plan that led to an increase in oil prices. Actually, the proposals from yours truly and Andrew Samwick to impose higher taxes on oil…

…have to build oil refineries. We haven’t built any oil refineries in this country in what, 30 years? And so we can build the oil refineries, but Nancy Pelosi says…

…known for his highly technical work in time series econometrics, but also happens to do a lot of more applied work on oil prices. He agrees that the oil price…

…third dimension is the cost of non-labor commodities, and in particular Oil. An exogenous shock such as the 1974 Oil embargo, which suddenly and dramatically increased the price of a…

…justify a fall in oil prices is that it is thought that the protests have reduced exports from Iraq, which is currently the second largest oil exporter in OPEC. I…

…was 10 days after then that oil prices did their brief plunge into negative territory. According to OilPrice.com it is China that is leading this increase in oil demand. It…

Oil prices rose 55% in 2021, the most since 2009, while natural gas prices rose 47%, the most since 2016, Focus on Fracking, RJS Oil prices rose for a second…