 oiljobs In stopping the Keystone pipeline, the administration is acting to blockade Canadian oil from reaching the world market. . . TAGGED: economy, energy security, Keystone XL pipeline, U.S. energy policy, oil prices, global oil market, oil, OPEC, National ReviewRECOMMENDED ARTICLES| The United States is by far the world’s leading oil importer. Thus, when the price of oil goes up, our economy is severely taxed. At the beginning of 2011, many economists were talking about an emerging U.S. economic ... more ›› |
| At a time of rising dependence on oil, the potential for supply disruptions and the stability of energy-rich regions pose major concerns. While disruptions can happen anywhere along the supply chain, certain areas are... more ›› |
| Let’s just say Iran makes good on its recent threats to shut down the Strait of Hormuz. And let’s say that with one-fifth of the world’s oil supply bottled up, the price of a barrel of oil then almost doubles, as some... more ›› |
| Saudi Arabia, the world's leading oil exporter, has for decades used spare production capacity to cover shortfalls in output by other oil states and prevent prices spiraling in times of crisis. But questions are being asked now... more ›› |
| Last week, The Plain Dealer reported that the closure of several refineries on the East Coast will drive up prices for gasoline in Northeast Ohio because supplies of gasoline from Midwest refineries will be diverted from the... more ›› |
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