Progressive Radio Network

Opec

In late October, we noted that for the second time this year, Russia overtook Saudi Arabia as the biggest exporter of crude to China. Russia also took the…
Can watching a violent movie make you more likely to lie, cheat or steal? What about reading a violent book? While that may seem like…
Deborah Lawrence had been watching a once-empty parking lot near Midland-Odessa, Texas, fill up with idled drilling rigs usually at work plumbing for oil in…
Who would’ve thought it would come to this? Certainly not the Obama Administration, and their brilliant geo-political think-tank neo-conservative strategists. John Kerry’s brilliant “win-win” proposal…
Manipulation of the petroleum market is not new. John D. Rockefeller with his Standard Oil Trust mastered it between the end of the 19th and…
As I review the financials of one of the largest shale producers in the United States, Whiting Petroleum (WLL), I can’t help but notice the…
The mainstream media keeps churning out good news stories about the booming shale oil and gas industry in the United States. Apparently, the fracking industry…
Oil market is uncertain as the US shale oil output is expected to fall for the first time in four years, and the coming months…
What is the real story of energy and the economy? We hear two predominant energy stories. One is the story economists tell: The economy can…
In addition to the EIA's amusing oil price forecast, which as noted previously leaves quite a bit to be desired considering it was a year ago that…
In the coming months China will lend Venezuela, which faces bankruptcy, ten billion dollars. These funds are part of a bilateral agreement. For China it’s…