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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Clinging bitterly to guns and religion
What will it take to convince Americans to turn their backs on empire and war before it’s too late?
‘Enough is enough’: Australian PM throws support behind movement to free Julian Assange
A growing number of politicians are calling on the United States to drop its case against WikiLeaks founder and Australian citizen Julian Assange.
Brazil’s beef industry linked to deforestation in Amazon
800 million trees were cut down in six years due to cattle ranching, which accounts for 80 percent of current deforestation throughout the Amazon.
When 3 men richer than 165 million people, Sanders says working class must ‘come...
Big-money special interests "want to divide us up," said the independent senator at a living wage rally in South Carolina, "and we are determined to bring working people together."
AI Genie is out of the bottle—UN should take the challenge to make it...
The global community should be comforted knowing that the leadership of the United Nations already knows well what steps are to be taken at this juncture.