Thursday, March 28, 2024

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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Desperation and danger: Gaza’s aid crisis turns tragic with 12 Palestinians drowned in airdrop...

Amidst a blockade and escalating starvation in Gaza, a misguided attempt to deliver aid results in unforeseen tragedy, spotlighting the dire need for secure and dignified humanitarian access.

Cori Bush calls for repeal of antiquated Comstock law amid rising anti-abortion tactics

With the U.S. Supreme Court's current review of mifepristone access—a drug fundamental to over 60% of abortions in the U.S.—the urgency of Bush's demand is palpable.

The vexing Biden-Trump rematch could purge an era of broken, bipartisan dynamics—or not

That a shameless, dimwit outlaw like Trump can humiliate both state and federal justice confirms its own devastating “conviction" as failed legal systems.

What’s so green about burning trees? The false promise of biomass energy

Bioenergy companies are clear-cutting American forests to heat and electrify Europe. This broken system harms public health, the environment, and the climate.

Inside the historic suit that the gun industry and Republicans are on the verge...

Gunmakers have repeatedly tried to end one city’s lawsuit over illegal gun sales. Meanwhile, illicit purchases of firearms continued at an unrelenting and hazardous pace.