Tag: oil

Newsworthy – Mar 8th, 2019

America’s trade deficit hits a record, GM is closing American factories, OxyContin maker is preparing to file for bankruptcy, and the White House considers step towards requiring health providers to release prices that they charge insurance companies. These are just a few of the…

Newsworthy – Feb 8th, 2019

Guyana to become petrostate, increasing rates of bankruptcies among US farmers, growing reach and power of Islamic State in West Africa, and a new study suggests human-induced global cooling in the 16th century, Here are the top newsworthy items from this past week as…

Newsworthy – Dec 7th, 2018

Pediatricians weigh in on the best toys for tots, Drake is the most-streamed artist of 2018, the Trump administration proposes changes to the USPS, and the Pentagon carries out flight over Ukraine. Here are the top newsworthy items from this past week as shared…

Don’t Stand for a “Flawed Democracy”

It hasn’t even been a full week under President Trump and the US has been downgraded from a full to a “flawed democracy”. I wasn’t happy with the election results, but I decided to give Trump a chance and see whether he and a…

Should the US Resume Oil Exports?

A fact that many people do not know is that the US has not exported crude oil since 1975, when Congress banned the act. The reason back then was that domestic reserves where becoming depleted due to the 1973 Arab embargo. But that was…

Book Review: The Crash Course

“The next twenty years will be completely unlike the last twenty years. The world is in economic crisis, and there are no easy fixes to our predicament. Unsustainable trends in the economy, energy, and the environment have finally caught up with us and are…

High Gasoline Prices Keep Lid on Consumer Spending, Recovery

The price of gasoline has reached $4 per gallon again in some U.S. cities, hurting consumers and businesses, especially those who are poor and middle class. High prices are containing the U.S. and world economy. Before the onset of the war in Iraq, oil…

What is ‘Fracking’

I read a BBC.com article on ‘fracking’ in the US. More specifically, this article discusses a new $20 billion project to open an export terminal in Louisiana where extracted natural gas will be shipped abroad. To give a brief overview, when the terminal was…