…oil prices over the past two decades and uncertainty about possible future government decarbonization policies (what oil industry figures are ironically calling “peak oil demand”) are making large, long-term investments…

…I can safely and for sure tell you that food labeling is approved by the USDA and or the FDA. A small change in a label or packaging such as…

…energy consumption. Producing oil and natural gas in the U.S. provides energy security. Higher production generally keeps prices down or it is supposed to do so. However, using oil and…

…our capacity to tap shale oil considerably, the seven fold increase in oil drilling rigs in the US since 2009 has only produced about a 20% increase in oil production……

…exercise. A sustained oil price increase of that size would imply a permanent transfer of about ¼ percent of GDP from global oil importers to oil exporters, relative to the…

…a much larger-than-expected drop in domestic fuel stocks due to higher demand for gasoline and diesel, as front month oil prices settled $5.40 higher at $107.81 a barrel…oil continued higher…

…the effect on US prices have been polar opposites. US oil is tightly integrated in the global market. Prices of US oil rise when Persian Gulf oil goes offline as…

…Except for some partially subsidized oil supplied by Kuwait, all oil-producing U.S. allies in the region charge us the market rate for petroleum. Update: See Naked Capitalism on Wolf Becker…

…statement does not say that Big Oil earns only $0.09 per gallon because much of the profits from a vertically integrated oil supplier come from its ownership of crude oil…

…imported oil closely tracks the price of oil. But the chart also shows that for a given price of oil, the US economy is more dependent on imported oil than…