Rising debt and lower growth threaten to derail Egypt’s revolution as much as grasping generals do. President Morsy’s …
middle east
Gas Prices Already Top $4 a Gallon in Three States
Consumers have been warned to expect a gallon of regular to cost $4 by springtime. For drivers in three states, four bucks or more per gallon is already a reality.
Curious CapitalistEconomy & Policy
How Chinese Energy Politics Will Reshape the Middle East
China’s going to import a lot more oil from Iran and the Arab world over the next two decades. America will import far less. Those two facts will profoundly change the geopolitics of the Middle East.
Gas Price Hike: Expect $4 a Gallon—or Perhaps $6—By Spring
The national average for a gallon of regular is about $3.50 right now. That’s significantly below the highest ever (yet) price of $4.11, hit during the summer of 2008. Nonetheless, 2011 was the overall priciest year ever for …
So Are Gas Prices Going to Keep Falling or What?
Drivers were told that the price at the pump would steadily keep dropping throughout late summer and fall. Then, suddenly, the much-welcomed decline in prices stopped. What happened?
Why OPEC Isn’t What it Used to Be
You’d think that OPEC would be laughing it up right now – all the way to the bank. With oil prices at a lofty $100 a barrel, OPEC’s oil exporters are sucking in petrodollars on a grand scale. But all is not happy in the world’s …
