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March 22, 2006

United States
Not priced in

David Bassanese recently wrote in the Australian Financial review: "Provided inflation remains benign, the goods news is that the US economy does not appear to be facing many downside risks, and its …

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.

March 27, 2012

Fossil Fuels
Americans Don’t Seem to Want Lower Gas Prices

It’s difficult to open a newspaper or turn on the TV without hearing that Americans are apoplectic about skyrocketing gas prices. If ever there was a moment to channel public anger toward policy prog…

October 17, 2019

Syria
The High Price of Trump’s Great Betrayal

President Trump’s abandonment of the Kurds reinforced already existing doubts in the region and around the world that the United States remains a reliable ally.

Syria withdrawal

September 9, 2019

Saudi Arabia
Saudi Arabia’s Oil Vision and the Oil Price Cycle

Saudi Arabia’s oil industry is on the move with strategic changes in leadership, investments, and a broadening of its global businesses. The moves, which include larger investments in refining and pe…

Saudi Arabia's new Energy Minister, Prince Abdulaziz bin Salman takes a tour at the exhibition during the 24th World Energy Congress in Abu Dhabi, United Arab Emirates September 9, 2019. REUTERS/Satish Kumar

September 7, 2005

Fossil Fuels
Katrina and Oil Prices

Hurricane Katrina caused severe damage to U.S.refinery and production capacity in the Gulf of Mexico. Oil prices briefly spiked to above $70 per barrel before dropping after President Bush decided to…

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.

June 12, 2012

Americas
Conditional Cash Transfer Programs: Worth the Price?

In the economic development world, one of Latin America’s claims to fame are its conditional cash transfer programs (CCTs), which provide direct money transfers to low-income families who send their …

CCT - Latin America's Moment

April 5, 2019

Americas
Venezuelan Remittances Don’t Just Save Lives

Sadly, they also help keep the country’s repressive regime in power.

Venezuela's President Nicolas Maduro holds up a mock 100-bolivar bill depicting the president of the National Assembly Henry Ramos Allup, during a pro-government rally in Caracas, Venezuela December 17, 2016.

March 20, 2019

Algeria
Don’t Get Your Hopes Up About Algeria

The Middle East’s latest protests seem like the Arab Spring all over again. That’s no reason for optimism.

People take part in a protest demanding immediate political change in Algiers, Algeria March 12, 2019