7 posts tagged with oil and economics.
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Why find more? Unburnable carbon as financial assets.

There is another bubble. Before it's burned, Coal, Oil and Gas sit for years on the balance sheets of private (and national) resource companies, as "known reserve" assets. Assets that, someday, will become revenues. Or will they? And if they won't, what will the balance sheets of ExxonMobil, Chevron, BP, Petrochina, and Gazprom actually look like? [more inside]
posted by anthill on Dec 19, 2013 - 22 comments

Peak Rock was reached in 1965

US Crude Oil Production vs. Rock Music Quality, by year. Is Rockism the cultural equivalent of Hubbert Peak Theory?
posted by acb on Nov 11, 2009 - 41 comments

Expensive gasoline is good for you

The author of a new book on how rising oil prices will change America makes the claims that higher gasoline prices will make the country healthier and safer. Christopher Steiner asserts that, for every $1 that gasoline prices rise, obesity rates drop by 10% (as people walk more and eat out less). As for "safer", that comes in when high gasoline prices force police out of their cruisers and onto bicycles and foot patrols, where they can interact more closely with their communities. [more inside]
posted by acb on Jul 22, 2009 - 61 comments

Randolph and Mortimer have moved on from FCOJ.

Was market speculation behind this year's rise in crude oil prices? Earlier this year, prices topped $100/bbl, the highest seen since the oil crisis of the late 70s/early 80s. By July 2008, the price of crude oil reached a record high of $144/bbl, costing US consumers between $4-$5 per gallon at the pump. [more inside]
posted by elizardbits on Jan 13, 2009 - 29 comments

There Could Be Blood

Andy Grove on Our Electric Future - "Energy independence [viz.] is the wrong goal. Here is a plan Americans can stick to." Perhaps some infrastructure spending1,2 is in order? [etc., &c., cf.] [more inside]
posted by kliuless on Jul 15, 2008 - 14 comments

Buy Now, It'll Only Go Higher

Is speculation a prime cause of high oil prices? Yes, No, Maybe. (Very Wonkish)
posted by Xurando on Jun 27, 2008 - 94 comments

Burn, Onitsha, burn

The other religious riots. While much of the world's press has covered the Muslim cartoon riots, not nearly as much ink has been spilled over the continuing violence in Nigeria. A good analysis of underlying factors here. A Shell report points to oil as a proximate cause of violence as well. For oil companies, this may not be a bad thing. (If I was more interested in trolling, I'd have framed this as "Christian Leaders Fail to Condemn Religious Violence." The real world's a little more complex).
posted by klangklangston on Feb 23, 2006 - 15 comments

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