Over a Barrel Blog
It’s that time of year again. Time for all of us to look back at the past 12 months, and to look ahead to the coming year. Thinking about 2016, well, it’s been quite a ride.
The United States imports about 10 million barrels of oil a day, out of the 19 million barrels we consume. Thirty-seven percent of imported oil comes from our pal Canada, but 35 percent comes from not-quite-as-cuddly OPEC nations. It doesn’t have to be that way.
Today we’re going to take a look at the boom/bust cycle infamous within the oil industry, and how it helps — and then hurts — state economies.
The election is over, and the people have spoken.
This year’s Green Car of the Year finalists were nothing short of incredible.
My mother is an amazing woman. Besides excelling at all the “typical” motherly duties, she also tirelessly lugged me and my friends to soccer practice, my sister and her friends to dance rehearsal, and she still found time to keep our fridge constantly stocked with healthy food. And her vehicle of choice? A minivan.
As Americans, we have abundant choices in virtually everything. From the cars we drive to the food we eat, freedom of choice is a defining part of our country.
Air quality in the United States is far better than it once was: The EPA says that between 1970 (the year the agency was created, and the Clean Air Act made into law) and 2014, aggregate emissions of six common pollutants dropped by 69 percent. But there’s still much room for improvement.
We’ve all been stuck behind one before. A car that clearly hasn’t passed a smog check in years, spewing smoke from its tailpipe like there’s no tomorrow. You probably know that the stuff coming out of there isn’t good for you, or the environment. But what exactly is it composed of?
We all know oil prices are extremely volatile, and trying to predict them is a fool’s errand. But just how easily can they be impacted? Here’s look at the some of the craziest events that caused the price of oil to rise.