Sunday, December 22, 2024

Tag: oil prices

As oil price plummets, call to nationalize industry rises

Nationalization as a way to wind down the sector, tackle the climate crisis and create a just economic transition.

As oil prices fall below $0 per barrel, climate advocates urge...

“The oil price collapse creates a historic opening: a public buyout of the fossil fuel sector to enact a managed decline of extraction and ensure a just transition for workers and communities.”

Half of US Shale Producers “Could Go Bankrupt”

This is the lowest level for oil since 2003.

New Saudi King to Obama: Lower-Price Oil Policy Won’t Change

Oil prices continue to plummet, hurting states in the U.S. such as North Dakota, where fractured petroleum can't compete with the prices. Yet, King Salman refuses to change the policy or give up Saudi Arabia's oil market share.

A Crude Bet: Is the US Foreign Policy Establishment Risking the...

Deflation is a double-edged sword—and is complicated by the threat it poses to our highly leveraged global financial system. Are smug politicians playing a game of chicken with the stability of the financial system?

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Teamsters launch largest strike against Amazon in US history to demand fair wages and...

Amazon workers launch historic nationwide strike, demanding better wages, safer conditions, and union recognition from the $2 trillion corporation.

Pregnant woman in labor cited under Kentucky anti-homelessness law

Pregnant homeless woman in labor ticketed under Kentucky’s anti-camping law, sparking national outrage over the criminalization of homelessness.

Elon Musk for Speaker of the House? Republicans float billionaire amid spending bill fight

Republicans propose Elon Musk as Speaker of the House after his role in sinking a spending bill, raising unprecedented ethical and governance concerns.

Israeli soldiers enforce kill zone in Gaza, targeting civilians and leaving bodies to rot

Israeli forces implement open-fire policies in Gaza’s Netzarim Corridor, targeting civilians and leaving corpses uncollected as a warning to others.

Syria’s new fundamentalist government: Women ‘biologically’ unsuited to politics, universities to be segregated

The comments provoked a firestorm of protest among Syrian women and, well, non-fundamentalists.