oil

Angola helps out Portugal | by Augusta Conchiglia

Angola helps out Portugal | by Augusta Conchiglia

The former colony has become an unexpected source of jobs and investment for Portugal in the global downturn. Angola is Sub-Saharan Africa’s third largest economy, after South Africa and Nigeria (1). It is already one of Africa’s biggest oil producers, with an average...

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The end of cheap oil | by Phil Gasper

Capitalism has no solution to the world energy crisis as oil prices reach record highs. BY NOW everyone in the United States knows that world oil prices are going through the roof.  Gas in the U.S. is now over $4 a gallon and the Associated Press reports that there...

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