Stay updated with breaking news from Global Instability. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Prince Abdulaziz bin Salman, Saudi Arabia's energy minister, said his country can no longer ensure energy security due to a "jittery period" in the world's markets. What was [...]
The last time the average price of gas was under 3 buck a gallon, look at that. december 23rd, 2010. look, you have to go all the way back to january 2009 for something significantly lower. but that was because of a global recession. and nobody wants that, right? so why is gas so high? a few reasons. first, global instability. in surprise, the arab spring began back in december 2010. about the same tame this oil run started. syria concern more recently have kept oil prices high. the world wants more oil, right? and we're seeing rising demand for gas in places like china and india. we're not se...