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February 14, 2024

United States
C. Peter McColough Series on International Economics With Austan Goolsbee

Austan Goolsbee of the Federal Reserve Bank of Chicago discusses the U.S. economy and monetary policy. The C. Peter McColough Series on International Economics brings the world’s foremost economic…

Play Austan Goolsbee speaking during a news briefing at the White House in 2011.

January 20, 2012

Iran
Oil’s Trouble Spots

With oil supplies tight, regions most vulnerable to oil supply disruptions present a significant economic concern, particularly threats to the Strait of Hormuz and unrest in Nigeria, explains this Ba…

October 8, 2019

Iran
1970s Oil Crisis Redux or Oil Price Rout?

It has been four weeks since a major military attack on critical oil facilities in Saudi Arabia shocked the world and very little has happened to suggest such an event couldn’t happen again. That beg…

Some Motorists Ran Out of Gas Such as This Man in Portland and Had to Stand in Line with a Gas Can During the Fuel Crisis in the Pacific Northwest.

February 13, 2019

Nigeria
Nigeria Is Oil Dependent, not Oil Rich

At a business breakfast on February 7, Doyin Salami pointed out the elephant in the living room of Nigeria’s economy. The country is not oil rich; rather it is oil dependent. He asked attendees to acknowledge this distinction.

Nigeria-Oil-Pollution-Rivers-State

July 3, 2018

Fossil Fuels
Presidential Oil Tweets, Oil Prices, and the Cycle

U.S. presidential jawboning about oil prices has continued to grab headlines this week, with President Trump telling Fox News on Sunday that the Organization of Petroleum Exporting Countries (OPEC) i…

FILE PHOTO: U.S. President Donald Trump shakes hands with Saudi Arabia's Crown Prince Mohammed bin Salman in the Oval Office at the White House in Washington, DC, U.S. March 20, 2018.