The bioenergy industry has defended the use of forest plantations to create fuel for power plants, following claims by NGO Biofuelwatch that expanding wood biomass production to meet EU renewable…
Who Said the Dollar Was Going Down? I knew silver was doing well, but not that well! Possibly the oldest silver dollar in existence, a mint condition 1794 liberty dollar,…
The financial world is coming unglued again. Greece has pushed the E.U. to the brink. Global stock markets are tumbling. And yet, at the same time at least one economic…
Sometimes, China’s energy policies just make no sense at all. Consider the import and export patterns on oil products. In presumably socialist China, the oil majors PetroChina and Sinopec have…
Feel like investing in a state sponsor of terrorism? How about a country whose leaders have stolen $400 billion in the last decade and has seen 300 foreign workers kidnapped?
Canadian oil sands will probably become the No. 1 source of U.S. crude oil imports this year, and could make up more than a third of the nation’s oil…
The Istanbul Declaration, signed by Turkey, Serbia and Bosnia-Herzegovina, calls for peace and economic development in a bid for regional stability and EU integration. But there are always spoilers. The…
David Cameron, Britain’s new prime minister, may have succeeded in bridging his country’s political power gap, but another looms that could very quickly short-circuit the Tory leader’s grip on national…
Banking industry lobbyists were popping the Champaign bottles in Washington yesterday, as a greatly weakened and enfeebled financial reform bill stumbled across the finish line, coughing and wheezing all the…
In order for a financial system to be able to function properly, it is absolutely essential that the general population has faith in it. After all, who is going to…
A lot of companies have been rushing to get into shale oil and gas plays the last few years. But apparently at least one major has been in the business…
There have always been doubts about whether the euro could succeed. It presently binds together 16 European Union members, from top world economies like Germany, to stumbling, mismanaged economies like…
With energy, Senate Democrats find themselves between a rock and two hard places. Nonetheless, Sen. John Kerry, D-Mass., and Sen. Joe Lieberman, I-Conn., have introduced their climate and energy bill.…
Oil Market Summary for 05/17/2010 to 05/21/2010 Crude oil prices ended just above $70 a barrel on Friday after dipping below that threshold earlier in the week. The benchmark June…
We need to break old assumptions if Afghanistan and Pakistan are to be secured. The term “exit strategy” often signifies a tacit admission of basic mistakes committed upon entering a…
The global crisis, now well-rooted in its third year, continues to rock the world’s political and economic foundations. Regimes have been replaced, capitalism has shifted gear, and even the future…
As the United States edges closer to issuing a fresh round of sanctions against Iran, foreign investors so far unmoved by international pressure will end up doing business with a…
The Obama administration, already charged with providing political cover for BP in the Gulf of Mexico mega-oil disaster, is also charged with allowing BP to renege on agreements between the…
Amid probes of last month’s deep coal mining accident in West Virginia, hundreds of coal miners demonstrated in the state capital of Charleston against an attempt by federal officials to…
You often hear the expression that a camel is a horse designed by a committee. The dromedary that the European Central Bank has is spitting mean and ill tempered. Europe…