Oil

The Strategic Reserve Oil Release Is A Drop In The Bucket

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  Last week Energy Secretary Chu announced that the United States will release 30 million barrels of crude oil from the strategic reserve, in coordination with the release of an identical amount by the International Energy Agency. As announced, this is strictly a one-off deal and doesn’t represent a change in policy by either the … Read more

The Solution to the Energy Crisis is Right Here

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  Saudi Arabia has long been the dominant producer of petroleum on the planet. Nature endowed the Arabian Peninsula with gigantic deposits of this vital source of energy. Many of us have lamented the quirk of nature that placed much-needed oil in the most geopolitically unstable region in the world. Although Saudi Arabia is the … Read more

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