…lot to do with missed projections on energy prices. But did the tax on U.S. providers of oil cause Russian and OPEC to start supplying more oil? Spencer in a…

…excise tax, which proponents said was designed to ensure that oil companies did not benefit from unanticipated windfalls caused by fluctuating crude oil prices … If it is again enacted,…

Oil Prices Keep Rising The price of crude oil hit a new high yesterday (for the year, at least) of nearly $40 per barrel. The price of gasoline rose in…

by New Deal democrat Inflation in the 21st century: Oil, not wage growth or unemployment, is the issue This post follows up on my last piece, in which I argued…

…South Korea, Taiwan, Turkey, Italy [only EU nation on list]. and UAE [yes, that big anti-Iran oil exporter imports oil from Iran]). As it is, with surging oil inventories in…

MbS Consolidates Immediate Family Control Of Saudi Oil Industry Saudi Oil Minister al Falih, who also ran ARAMCO, has been replaced by Abdulaziz bin Salman bin Abdulaziz al Sa’ud, half…

…short term move. Of course, Biden has also asked the FTC to look into oil prices not lowering retail prices after the crude oil price decline. This reminds me of…

…gas prices for the past month: Gas prices follow oil prices with typically a delay of several weeks. Oil prices peaked in early June, and gas prices at mid-month. Oil…

…flood of emergency supplies helped arrest surging oil prices after Russia invaded Ukraine and pulled billions of dollars into the Energy Department’s coffers in the process. Oil prices have sputtered since…

…to Cuba.” Imported oil is essential to Cuba’s economy and public health. More than 80 percent of Cuba’s electricity is generated from oil. Oil shipments to Cuba have fallen to…