The ethics behind oil prices

by Gregory Fiocca

Follow the money and you will quickly learn that when it comes to skyrocketing oil prices, and the subsequent aftershocks that rock any industrialized country, there are no ethics. The Fed policies of cheap money have cre...read more

by Terry Cartwright

Much of the financial crisis in the world is caused by a lack of confidence between banks and financial institutions and their clients which are symptoms of the credit crunch not the root cause. Changing the supply and dem...read more

by Jeffery Howland

An oxymoronic statement to be sure. There simply are no ethics associated with oil prices. None what so ever. The pursuit of oil is capitalism in the purest sense. It is wrought with risk, but also the potential for gr...read more

by M Plaut

Not too long ago, all an oil producer had to do was punch a hole in the ground of an oil field, and the stuff squirted to the surface. It cost pennies to produce. Those days are long gone. The easy-to-find oil has long bee...read more

by R. Charles Ayers

Generally speaking, most of us have natural sense of ethics especially with regard to the level we expect from others. We tend to expect a higher degree of ethical behavior from others than we do from our selves as a matte...read more

by Javier Luque

This article presents an ethical issue concerning today's oil prices and give an answer to the question: Is it unethical to have prices around and over $50 a barrel when the production costs are around $8/bl or is it the r...read more

by Rachel Johnson

Oil has become the gold of the twenty first century. Who ever holds the oil holds the power. Those who have no oil seem to have none of the power. So what can we now do about this? The fact is every day we get angry abo...read more

by Kurt Turrell (Great Ideas Blog)

If you have been privy to the underlying postulates within some of my earlier articles, perhaps you can guess where I'm headed with this one. For those who do not yet know my strong opinions, let me just say this: 1) we as...read more

by Doc Lane

The price of oil that we pay here at home in America, can see what it is doing for the United Arab countries. Example, look at the country of Dubai. This world fantasy land is being created with the largest buildings in th...read more

by Tyler Wentworth

I'm sure you are complaining just as much as anyone else is when you fill up your automobile with the $3 per gallon gasoline. You complain that the big oil companies such as Exxon, BP and Chevron are mopping up your cash...read more

by R B

My background includes 25 years in the petroleum industry. I've worked at independents and majors, upstream, midstream and downstream so I have the experience and knowledge to make the following comments. 1. The Unite...read more