Tag: oil prices
As oil price plummets, call to nationalize industry rises
Nationalization as a way to wind down the sector, tackle the climate crisis and create a just economic transition.
As oil prices fall below $0 per barrel, climate advocates urge...
“The oil price collapse creates a historic opening: a public buyout of the fossil fuel sector to enact a managed decline of extraction and ensure a just transition for workers and communities.”
Half of US Shale Producers “Could Go Bankrupt”
This is the lowest level for oil since 2003.
New Saudi King to Obama: Lower-Price Oil Policy Won’t Change
Oil prices continue to plummet, hurting states in the U.S. such as North Dakota, where fractured petroleum can't compete with the prices. Yet, King Salman refuses to change the policy or give up Saudi Arabia's oil market share.
A Crude Bet: Is the US Foreign Policy Establishment Risking the...
Deflation is a double-edged sword—and is complicated by the threat it poses to our highly leveraged global financial system. Are smug politicians playing a game of chicken with the stability of the financial system?
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MAGA’s nightmare cult embodies the manic venom of old-time religion without the good
Like religious fundamentalism, MAGA Trump broaches no dissent, indeed feeds upon opposition to justify undeserved privileges, dividing the world between the saved and sinful deserving punishment.
Lawmakers move to block Trump from dragging US into war with Iran amid Israeli...
As Israel intensifies strikes on Iran, Democratic and Republican lawmakers introduce legislation to restrain Trump from launching unauthorized military action.
Republican budget shifts wealth to the top as workers pay the price, report finds
New congressional analysis reveals massive tax breaks for the wealthiest Americans while working families shoulder cuts, tariffs, and rising costs under GOP economic plans.
Senate GOP deepens Medicaid cuts to fund Trump tax breaks as healthcare losses mount
Republicans propose harsher work requirements, provider tax reductions, and new co-pays that threaten millions of low-income Americans’ access to care.
Blaming the poor while the rich sneak off with the welfare
Republicans say they only want to eliminate waste, fraud and abuse. To do this they're wasting lives, defrauding their constituents, and abusing the privilege of leadership.