US boom transforming global oil trade

The surge in oil production in the U.S. and Canada and shrinking oil consumption in the developed world is transforming the global oil market. The threat of chronic oil shortages is all but gone, U.S. dependence on Middle ...

3Qs: Will rising home prices cause another housing bubble?

Home prices have once again started to rise, making significant gains for the first time since the housing bubble burst in 2007. While that's good news for sellers, it could be bad news for the nation's economy. Joseph Giglio, ...

Shale not a miracle solution for Europe

Shale oil and gas have had limited benefits for the US economy and their advantages for Europe will be even slimmer, a French think tank said Wednesday.

Sanctions on Russia are increasing, not decreasing, its revenue

The European Union has just approved new sanctions against Russia, including a price cap on oil sales, following the United States' Sept. 30 announcement of new economic sanctions. Both announcements are in response to Russia's ...

US firms bringing work home from overseas

(Phys.org)—Increasingly, U.S. firms are moving or considering moving their manufacturing operations back to domestic soil from overseas, finds a new study co-authored by a Michigan State University supply chain expert.

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