Cheap oil is blocking progress on climate change
The relationship between supply and demand, a fundamental economic concept, holds that when the price of something rises, people use less of it. Similarly, when prices fall, they use more.
The relationship between supply and demand, a fundamental economic concept, holds that when the price of something rises, people use less of it. Similarly, when prices fall, they use more.
Environment
Dec 12, 2018
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High crude oil prices could fuel a jump in ticket prices for people flying during the holiday travel season, according to a Purdue aviation professor.
Business
Oct 16, 2018
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The economy of Nigeria has had to navigate a major crisis that started with the collapse of oil prices in 2014 and was worsened by the ongoing restiveness in the oil rich Niger-Delta region.
Economics & Business
Sep 11, 2018
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Bargain-basement fares, high oil prices and a tumbling rupee are causing turbulence in India's hyper-competitive aviation market, virtually wiping out airlines' profits and leaving them scrambling to cut costs to survive.
Business
Aug 29, 2018
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Reports that President Donald Trump could soon tap the Strategic Petroleum Reserve in a bid to lower gasoline prices have raised concerns the emergency stockpile is being compromised for political purposes.
Energy & Green Tech
Jul 20, 2018
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Irish budget carrier Ryanair said Monday its net profit had risen 10 percent in 2017-2018 despite the cancellation of thousands of flights, but forecast a fall this year due to higher oil prices.
Business
May 21, 2018
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The Arctic National Wildlife Refuge is America's largest and wildest piece of publicly owned land. Polar bears, caribou, and wolves roam its 19.6 million acres; golden eagles build their nests on its cliffs, migratory birds ...
Ecology
Dec 7, 2017
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6
Venezuela is creating a digital currency to combat a financial blockade by the United States, President Nicolas Maduro announced Sunday.
Internet
Dec 4, 2017
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Oil and gas will remain central to the world's supply of energy for decades to come, despite a surge of interest in renewables, the chief executive of giant producer Saudi Aramco Amin Nasser said Monday.
Energy & Green Tech
Jul 10, 2017
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German chemicals giant BASF on Friday said it expected higher oil prices to push up earnings this year after a challenging 2016, when its main Ludwigshafen plant was hit by a deadly explosion.
Business
Feb 24, 2017
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