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Olduvai III: Catacylsm
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Low Oil Prices Take Their Toll On Recycling Sector

Low Oil Prices Take Their Toll On Recycling Sector “Plastics,” Mr. McGuire tells Ben Braddock in the 1967 film “The Graduate.” He was impressing on the young man the importance of one of the chief branches of the oil industry: Virtually every item available at the time contained plastic, or was packaged in it. So […]

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OPEC’s Strategy Is Working According To Cartel’s Latest Report

OPEC’s Strategy Is Working According To Cartel’s Latest Report OPEC, which has been exceeding its own oil-production cap during the past year, says output was down in October and forecasts a production drop overall next year because of the persistent low price of oil. The cartel’s Monthly Market Report, published Thursday, said its 12 members extracted […]

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Layoffs Surge As Oil Price Outlook Remains Sober

Layoffs Surge As Oil Price Outlook Remains Sober Lately the leaders of some of the world’s biggest energy companies have been saying oil prices will remain depressed for some time – perhaps for the next five years – and now they’ve decided to cut their costs in the most painful way possible: massive job cuts. […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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