Pricing

Ghana has been producing commercial oil since 2010.

As global oil prices surge, some African countries may see a silver lining

Surging oil prices are hurting everyday consumers in Africa, but some oil-producing countries have seen a windfall with higher revenues — boosting investment spending in other areas.

A woman stands by a display of fruit

As the coronavirus drags on, Mexico’s food prices soar

Food

Nigeria grinds to a halt as general strike enters day two

America set to become a net exporter of petroleum fuel products

Bartering in a sour economy

Dropping fuel prices good and bad

Environment

The drop in gas prices is good news for consumers, but spells trouble for global warming and international stability.

The end of the “Oil Age”

Environment

Energy analyst Michael Klare says the world’s largest oil fields are running out of oil at twice the rate that we’d previously assumed.

The World

Technology to Barter in Hard Times

Global Politics

People across Europe are struggling to make ends meet these days. British technologist Ken Banks wants to build apps to help those people do things like barter and time-swap.

President Obama to Crack Down on Oil Manipulation

President Obama announced a crackdown on manipulation and speculation in the oil markets, calling for more government oversight of the oil markets, including increased funding and staffing for the Commodities Future Trading Commission and an increase in civil and criminal penalties for market manipulators. Tom Kloza, chief oil analyst at Oil Price Information Service, looks […]

Department of Justice Sues Apple Over the Price of E-Books

Yesterday the U.S. Department of Justice sued Apple and five major publishers on antitrust grounds, alleging they fixed prices of e-books throughout 2010.  According to the Department, consumers may have been paying as much as $5 too much for e-books. Three of the publishers have settled.  Joe Nocera is an Op-Ed Columnist at the New York Times, […]