Oil prices


Political snippets: A very fair question for the Prime Minister

Prime Minister Julia Gillard knows how to ask a fair question. It’s a pity she doesn’t know how to answer it.

Political snippets: Rising crude prices to hit the bowser

Just when it looked like the world’s developed countries were finally shaking off their low growth woes, along comes another oil price shock of the kind that in the past has sent them into recession.

Petrol prices go up, drivers slam the brakes

It seems like an obvious correlation, but sometimes you need a graph to see that rising gas prices does (eventually) decrease driving rates.

Gustav’s death sees oil and commodity prices plunge

Hurricane Gustav had more of an impact in its death than in its assault on the US Gulf Coast and the various oil producing, refining and distribution facilities, writes Glenn Dyer.

Saudi talks won’t lower oil prices

The Saudi oil summit won’t help lower world oil prices, writes Glenn Dyer.

Peak oil: the world’s dirty secret bubbles up from the ground

If the rampaging crude oil price is any guide, the world’s dirty little secret might finally be starting to come true. The looming spectre of peak oil is fast becoming a reality, writes Adam Schwab.

State of the Planet

Pricey oil, more carbon … Oil lures big powers to the Arctic … Court rebukes Bush on global warming … Oz food bowl threatened.