Advertisement

February 11, 2013

The Unsurprising Return of Dear Sweet Crude

The Economist, The Economist


foreignpolicy.com

Crude oil prices are creeping up again and bringing petrol prices with them. As Jim Hamilton notes, this may catch some Americans by surprise, given all the talk these days of the new American oil boom. But as he writes, while there is ever more oil being produced too little of it is petrol to keep up with surging demand. . .

Read Full Article ››

TAGGED: gasoline, the Economist, oil, oil prices

RECOMMENDED ARTICLES

February 4, 2013
Oil Makes Norway an Enemy to It's Neighbors
The Economist
NORWAY IS THE odd man out in the Nordics. While its neighbours are flirting with free markets, Norway is embracing state capitalism. Its national oil champion, Statoil, is the largest company in the region. The Norwegian state... more ››
February 1, 2013
A Battery-Driven World Could Electrify the Economy
The Economist
Kris Pupek, an industrial chemist at Argonne National Laboratory in Lemont, near Chicago, waves a tube of white powder in the air emphatically. A mere pinch of the contents is sufficient for his analytical colleagues to work out... more ››
February 8, 2013
Germany's Energy Turn a Political Powder Keg
The Economist
Like many German regions, northern Saxony around Leipzig is humming with the word Energiewende. Literally “energy turn”, it could also mean “energy revolution”. And that is how Germany sees the twin goals... more ››
February 7, 2013
Pump Prices Fleecing Americans of Paychecks
Energy Info Administration
Gasoline expenditures in 2012 for the average U.S. household reached $2,912, or just under 4% of income before taxes, according to EIA estimates. This was the highest estimated percentage of household income spent on gasoline in... more ››
February 11, 2013
Using Oil Taxes to Improve Fiscal Reform
Levi & Ahn, CFR
Economists have long argued that taxing oil consumption would be the most efficient way to address U.S. vulnerability to overpriced and unreliable oil supplies. Yet energy taxes are a third rail in American politics. As a... more ››
|