Articles on oil prices

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Customers line up to buy gasoline in San Jose, California, on March 15, 1974, during an Arab oil embargo. The crisis spurred enactment of the first U.S. vehicle fuel economy standards. AP

Government fuel economy standards for cars and trucks have worked

Since the federal government started setting fuel economy standards, US-built cars have doubled their fuel efficiency, saving money for consumers and reducing pollution.
Surinamese’s President Desi Bouterse in 1996, speaking in front of a portrait of himself from back in his military strongman days. Reuters

In Suriname, an endless refrain: boom, bust, and Bouterse

Oil-dependent and led by a charismatic dictator with a chaotic economic policy, is Suriname the next Venezuela?
Companies like Tesla, with batteries and electric cars, are disrupting traditional energy companies in Australia. www.shutterstock.com

Company results wrap: energy companies are facing disruption

Energy companies shouldn't rely on government regulation to protect them from the growing disruption from renewables and increased consumer control.
OPEC can’t stop the flow. Isaac Urrutia/Reuters

Is OPEC’s oil era over?

OPEC has been declared dead in recent months as the group of oil-exporters has been unable to agree on a plan to stabilize the market. But was it really ever alive in the first place?
In 2015, gas prices fell below $2 per gallon in Moscow Mills, Missouri. The trend of low gas prices across the United States delay a signature Obama proposal to reduce emissions from cars and trucks. Whitney Curtis/Reuters

Cheap gas could delay America’s efficiency targets for cars and trucks

Faced with stringent fuel economy standards but cheap gas, automakers may seek to delay CAFE rules. What's the best way to reevaluate these emissions-cutting rules?
A billboard campaigning against crude oil theft. Nigeria is under pressure from falling oil prices and China’s economic slowdown. Reuters/Akintunde Akinleye

What Nigeria can do to weather low oil prices and slow economic growth

How should Nigeria weather yet another episode of oil price shock? This time it's likely to be worsened by two events of significant global effect.

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