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{ Category Archives } Oil

For the Middle East, Boom Times for Oil Prices Bring Inflation and Economic Distress for Many

Fuel costs, driven by the boom in oil prices,  have risen in some parts of the Middle East by over 70% almost overnight, causing sharp jumps in prices where local currencies are pegged to the weakening dollar.  Middle class families are among those feeling the pinch.  Inflation in Saudi Arabia - running at zero percent [...]

Resources to Accompany “Focus the Nation”

In support of our school’s participation in “Focus the Nation,” here is a list of resources to accompany our discussion in class of the politics of Middle Eastern oil.
1.  Victor Davis Hanson, “Blood and Oil,” The Salt Lake (City) Tribune, Nov. 29, 2006
2.  Michael Klare, “Mapping the Oil Motive, Tompaine.com, March 18, 2005
3.  Jane Bryant [...]