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?