The US average gas price is $3.22 – and appears headed lower. The bad weather this winter was a factor, but 'fracking' is also driving energy prices downward.
Nelson Mandela and his extraordinary life will enrich the great moral debates on war and peace for generations to come. For the moment, however, at the news of his death, I am thinking about tomatoes – in my garden in South Africa and in Mandela's prison garden.
OPEC will keep its current oil production levels despite a rapidly changing global energy market. But with a shale revolution in the US, production booming in Saudi Arabia, and Iran hoping for a return to market, OPEC may eventually have to shift strategy.
A longtime advocate for the families of victims of Pan Am Flight 103, which was destroyed by a bomb over Lockerbie bomber, takes aim at an element of persistent conspiracy theories around the event.
One of Africa's leading oil states is tearing apart at the seams defined largely along the divisions suppressed during Moammar Gadhafi's autocracy, Graeber writes. With 48 billion barrels of proven oil reserves at stake, what's next for Libya may have less to do with political reform than it does with who controls the oil spigots.