I have quick piece up at CFR.org assessing the potential policy consequences of the ongoing Japanese nuclear disaster. Short version: Take a look at political prognosticators’ track record from the e…

I’m hearing more and more people ask whether an early end to the fighting in Libya might bring Libyan oil back onto the market soon. I thought a quick note was in order to explain why the answer is n…

The New York Times reports this morning that “calls have been growing in Congress for the Obama administration to consider tapping into the nation’s strategic petroleum reserve”. That understandable …

Oil has crossed the $100 threshold a couple times in the last day or so, but there’s still a lot of confusion over what that means. To be sure, predicting the economic consequences of a spike is toug…

There’s no shortage of commentary on the fact that continuing unrest in Egypt appears to have driven up oil prices. But what is it precisely that’s sparking market concern? Much of the market reacti…