Oct 24 Oil Prices Continue Slide as OPEC Agrees to Cut Production By PBS News Hour Oil prices continued to slide Friday despite an agreement by OPEC members to cut production by 1.5 million barrels per day, in a new sign of the far-reaching fallout of the global financial crisis. Continue reading
Sep 19 Katrina May Claim Another Victim as Landrieu Struggles in Re-Election Bid By PBS News Hour Demographic changes and a steady march to the right by the post-Katrina electorate in Louisiana has helped make two-term Democratic Sen. Mary Landrieu the GOP's top target in this year's election. Continue reading
Sep 12 Unrest in Bolivia Leads to Ousting of U.S. Diplomats By PBS News Hour Violent clashes between government supporters and opposition protesters in Bolivia have left at least eight dead and tipped off a diplomatic dispute culminating in U.S. diplomats being expelled from both Bolivia and Venezuela. Continue reading
Aug 22 Does the U.S. export domestic oil? If so, how much, to where and why? Question/Comment: Does the U.S. export domestic oil? If so, how much, to where and why? Paul Solman: U.S. oil exports are up to 1.6 million barrels a day, according to a recent Reuters report. That’s 9 percent of total refining… Continue reading
Aug 15 Watch Struggling Economy Hitting America's Middle Class Hard In the second installment in a series of conversations about the struggling economy, Ray Suarez speaks with author Nan Mooney about what she found to be troubling America's middle class. She interviewed more than 100 people for latest book, "(Not)… Continue watching
Aug 15 How do speculators affect the price of crude oil? Question/Comment: I would like to understand how speculators affect the price of crude oil. I’d like to know who these people are (in general) and how they operate. Paul Solman: I’m on record on this page (and elsewhere)… Continue reading
Aug 14 Nigeria Hands over Oil-rich Peninsula to Cameroon By PBS News Hour Nigeria handed over the Bakassi peninsula to neighboring Cameroon on Thursday, bringing a formal end to a 15-year dispute marred by violence and legal battles. Continue reading
Aug 05 Do you believe that some of the run up in oil prices is based on speculation in the commodoties markets? By Business Desk Question/Comment: Do you believe that some of the run up in oil prices is based on speculation in the commodities markets? My understanding is that the amount of funds et al. playing in oil futures has risen more than 70… Continue reading
Aug 04 Watch Transcript: Obama's 'New Energy for America' Speech Following is a transcript of Democratic presidential hopeful Sen. Barack Obama's Monday energy policy speech, as prepared for delivery in Lansing, Mich., and distributed by his campaign. Continue watching
Jul 31 Why do some people refer to the current price of oil as a "bubble"? Question/Comment: Why do some people refer to the current price of oil as a "bubble" Paul Solman: Because the nature of bubbles is that they inflate, but inevitably pop. Those who refer to the "oil bubble" expect the price to… Continue reading