Oil Archives - Public Seminar

Economy

How Sanctions Contributed to Venezuela’s Economic Collapse

Despite claims that they targeted the Maduro regime, sanctions had indiscriminate effects on the country

January 17, 2023 • by Francisco Rodríguez

This essay was originally published by The Global Americans and is reprinted with permission During the past decade, Venezuela lived through the largest economic contraction documented in the history of the Western Hemisphere. The implosion took place at the same time as the U.S. government barred oil purchases, froze government bank ...

Cents and Non-Cents about Inflation

No, it isn’t Biden’s fault.

December 6, 2021 • by Steve Max

Yes, inflation is back—only 6 percent as of October, which is nothing like the 13.5 percent that brought down Jimmy Carter in the election of 1980. The exact numbers don’t really matter. Rising prices, especially gasoline prices, are always bad news for the party in power. We must remember, and keep ...

Plugged and Abandoned Wells? Not A Problem-It’s the Orphans that the Federal Government Should Worry About

What the Biden administration needs to know about “orphaned wells” before taking the American Jobs Plan to the House floor

April 29, 2021 • by Joseph Castillo

_____ On March 31, 2021, the Biden Administration released “The American Jobs Plan.” It’s an infrastructure proposal aimed at rebuilding the American economy, putting Americans back to work, while simultaneously addressing important environmental issues. One key problem the plan highlights, and that Biden discussed on the campaign trail, is the large ...