Unusually for a spring season, gasoline prices
have been steadily climbing in the US since the beginning of 2011, and have surpassed $4/gallon in many US states, largely due to
political instability in many oil-producing African and Middle-Eastern nations.
"Not so fast," says the Department of Energy. Although the price of crude oil has climbed steadily throughout the year, the price of gasoline has climbed much faster -- a disparity known as the
crack spread, which
has remained at its highest level in 32 months, even in light of a sharp decline in the price of crude oil at the beginning of the month. The DoE speculates that although crude oil is cheap and plentiful enough, the
2011 Misssissippi River Floods are currently more to blame for $4 gas than the uprisings in the Middle East.
posted by schmod
on May 19, 2011 -
125 comments
In 2009,
a remarkably gifted politician, confronting a remarkably difficult set of challenges, will
have to learn to say "No we can't",
Guantánamo will prove a moral minefield,
economic recovery will be invisible to the naked eye,
governments must prepare for the day they stop financial guarantees,
we will judge our commitment to sustainability,
scientists should research the causes of religion,
we will all be potential online paparazzi,
English will have more words than any other language (but it's meaningless),
Afghanistan will see a surge of Western (read: American) troops,
Iran will continue its nuclear quest while
diplomacy lies in shambles,
the sea floor is the new frontier,
we should rethink aging,
(non-)voters will continue to thwart the European project --
but cheap travel will continue to buoy it --
though it has some unfinished business to attend to, and
a Nordic defence bond will blossom.
The Economist: The World in 2009.
[more inside]
posted by goodnewsfortheinsane
on Nov 27, 2008 -
31 comments
Thomas Friedman: The First Law of Petropolitics, in short, argues that the price of oil and the pace of freedom operate in an inverse correlation. As the price of oil goes up in what I call petroauthoritarian states—like Iran, Sudan, Venezuela—the pace of freedom goes down. These regimes can afford to be less responsive to their people and outside pressure. And as the price of oil goes down, the pace of freedom goes up because these regimes have to open up to the world if they want to deliver for their people, and they have to empower their people more.
But how to lower oil prices and help freedom on its proverbial march? Many, from
Alan Greenspan to
Andrew Sullivan to
Ray Magliozzi from Car Talk think the answer may be to . . .
raise the gas tax? The
Pigou Club is an ever-updated list of economists, politicians and others who have advocated Pigouvian (or is it
Pigovian?) taxes to not only lower oil prices, but reduce greenhouse gases, fix the federal deficit and strengthen our national security. Though some remain more than a little hesitant to
jump on the bandwagon and others
remain skeptical that the movement is anything more than "just talk," this could be an idea whose time has come, especially since the gas tax
isn't as regressive one would think.
posted by joshuaconner
on Oct 25, 2006 -
57 comments
the new urban jungle . . . is a growing movement led by cities like
San Francisco,
New York, and
Leiden to restore active and vibrant natural systems in urban areas. Far from the eden-like depictions of nature of yesteryear, i.e.
the garden of earthly delights (nonetheless, still attracting some dynamic
new christian converts), the movement has morphed into today's backyard and grassroots environmental movement which is more and more a picture of hybridity, compromise, mixed-use, and ultimately, taking nature out of the walled islands of zoos, aquaria, national parks and other thick-walled institutions and offering a different kind of everyday
"unmediated" community experience with the new
urban wilderness.
VIDEO LINK
posted by huckhound
on Jul 6, 2006 -
1 comment
