Tags » CRUDE Oil Prices

Business Cycles and Government Decisions

   By Bob Shapiro

Economic conditions tend to run in cycles. Pressures build, official efforts are made to contain any perceived bad effects, and at some point, the pressures overwhelm all opposition. 631 more words

GDP & Employment

Shell slashes spending by $15 billion as oil price bites

Another day, another swing of the axe in the oil industry.

Anglo-Dutch major Royal Dutch Shell Plc said Thursday it will slash spending by $15 billion over the next three years, in an effort to adjust to a new world of lower oil prices. 361 more words

International

How can the market price of oil fall so far so fast?

If the oil market is reasonably efficient, then the price of a barrel of oil should reflect something like the cost of production of the highest-cost barrel of oil needed to just satisfy demand. 293 more words

Economics

Report: Gas Prices Set To Rise?

(WLNS) – The price of a gallon of gas at the pump is still dropping in Lansing but the joyride on prices may soon be over. 206 more words

News

People Have More Money. Let's Tax It!

Re-Blogged From http://www.Mises.org By John P. Cochran

As highlighted by David Henderson and Peter Boettke, markets and competition are like weeds, not delicate flowers. Economies recover even from severe boom-bust episodes and despite growth-retarding regime uncertainty. 315 more words

Taxes & Spending