John Tamny starts his latest op-ed with some wisdom from Herbert Stein: Seeking to shift blame away from the Federal Reserve and the Nixon White House for the oil shocks…

…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,…

…of possible attacks on petroleum-industry infrastructure. Iraq’s Southern Oil Co. stopped pumping oil after militia troops threatened to attack oil facilities, Agence France-Presse reported, citing an official at the state-run…

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MbS Consolidates Immediate Family Control Of Saudi Oil Industry Saudi Oil Minister al Falih, who also ran ARAMCO, has been replaced by Abdulaziz bin Salman bin Abdulaziz al Sa’ud, half…

The Strike On Saudi Oil Facilities This is going to be a tentative post because there is much that remains unclear. What I am going to do is to make…

…International Energy Agency’s warned that oil supply lost from storms in the U.S. Gulf had offset what OPEC and other producers had added . . . oil prices edged lower…