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On AlterNet: oil economy

Stories, blog posts, and videos tagged as "oil economy"

Peak Oil Is for Real: The Era of Cheap Oil Is Officially Over

Peak Oil Is for Real: The Era of Cheap Oil Is Officially Over

Michael T. Klare, Tomdispatch.com. June 12, 2009.
The era of plentiful oil is drawing to a close, and a new era of economic peril, rising starvation and environmental disaster is born.

Bad News at the Pump: The Dangerous Implications of $100-Plus Oil

Bad News at the Pump: The Dangerous Implications of $100-Plus Oil

Michael T. Klare, Tomdispatch.com. March 15, 2008.
On March 3, the price of crude reached its highest ever. Are energy costs becoming the decisive factor in the balance of global economic power?