We channel our inner Mark Twain today (with help from economist Roger Marks) as we review the press release of March 11th from those supporting the oil tax initiative, highlighting “the things they know that just ain’t so” What they know? “The current tax law , SB 21, hurts Alaska most when the price of oil drops. Currently Alaska gives … read more
Oil What an oil industry wants Kelsey Tamborrino, Politico, March 11, 2020 THE ASKS: The oil industry is offering up a list of ideas to President Donald Trump it says will help them weather the current market onslaught, sources said. This includes buying crude oil off the market to put into the Strategic Petroleum Reserve, offering low-interest loans, speeding up … read more
Oil There are no winners in oil markets price war Dan K. Eberhart, Forbes, March 9, 2020 The collapse of last week’s OPEC meeting launched an all-out price war that will have far-reaching implications for global oil markets and its three largest producers, the United States, Russia and Saudi Arabia. Much ink has been spilled on the devastating impact that … read more
