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Oil: Should President Obama Tap the Strategic Petroleum Reserve?

Barack Obama likes to say that as President of the United States, he doesn’t “bluff” when it comes to foreign policy. But when it comes to energy, it looks like Obama might be willing to try the occasional fake out. Yesterday Reuters reported that Obama and British Prime Minister David Cameron discussed the possibility of [...]

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Crude Forecast: Get Ready to Ride the Roller Coaster on Oil Prices in 2012

Oil is the bad boyfriend of the international economy: we can’t live with it, and we can’t live without it. We complain about the price of gas—which really is crippling middle-class America—and worry about the threat of oil spills and all the greenhouse gases released by the 30 some billion barrels of oil we burn [...]