Friday, December 2, 2022

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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Hype about Democrats passing the torch: Don’t get fooled again

While Pelosi quickly endorsed Rep. Hakeem Jeffries to replace her as leader, an overall closer look reveals a problematic record.

Eight reasons why now is a good time for a Ukraine ceasefire and peace...

People all over the world are calling for a Christmas truce, harkening back to the inspirational Christmas Truce of 1914.

Blessings and curses of a losing Trump finale: A boon to Democrats could hurt...

It’s not clear whether benighted, garden-variety Republicanism (or Democratism) is a better stimulant for Progressive politics vs. another vapid, sensationalized, chaotic Trump circus stunt.

As corporations enjoy record-high profits, experts urge Congress to ‘rein them in’

"Instead of raising interest rates and slowing the economy toward a recession, Congress and Biden should be taking aim at corporate price gouging."

Populist climate action requires thinking about freedom from specific oppressors—not just species survival

The climate crisis is a form of oppression by a wealthy few.