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?
POPULAR
Winter storm exposes Gaza shelter crisis as UN warns Palestinians left to freeze
As torrential rain floods tent encampments and an 8 month old baby dies of exposure, UN officials and aid groups say Israel’s continued blockade of shelter and supplies is deepening a humanitarian emergency despite ceasefire commitments.
FBI is making an enemies list—and most corporate media didn’t even check it once
The counter-revolution will not be televised.
House vote moves to undo Trump orders stripping union rights from federal workers
A bipartisan majority backed the Protect America’s Workforce Act to reverse what labor leaders call the “single-largest act of union busting in American history,” restoring collective bargaining protections for nearly 1 million federal employees.
We need to know how corporate Democrats made President Trump possible
Scrutinizing them now is vital not only for clarity about the past. It also makes possible a clear focus on ways to prevent further catastrophe.
Senators press Social Security chief over plan to cut field office visits in half
Internal agency documents and a Senate letter raise concerns that a sharp reduction in in-person services could function as a backdoor cut to benefits for millions of Americans.