YAL in Action

Check out YAL activities on campus and updates from around the liberty movement.

Tag: oil
  • Which Countries are Most Reliant on Libya for Oil?

    (Click on the image for a larger version.) Oh look, the same countries that pushed for NATO’s war in Libya: Italy, France, the United Kingdom, and the U.S. The very same countries that are now staking claim in Libya’s oil wealth.

  • Is Libya War Waged to Protect Oil Interests?

    Congressman Ron Paul asks a very valid question: [W]e must ask why this administration was so eager to embark on this Libyan operation in the name of ‘humanitarianism.’ Governments in Bahrain and Yemen have this year used military force to put down democratic protestors. The Saudi regime, which practices Sharia Law, has also been repressive, …

  • Who are we to decide Libya’s future?

    The dead have yet to be buried and already Europe’s corporate giants are scrambling to suck Libya’s oil wealth dry: The fighting is not yet over in Tripoli, but the scramble to secure access to Libya’s oil wealth has already begun. […] Western nations — especially the NATO countries that provided crucial air support to …

  • The truth about Gas Prices

    If you ask almost anyone how they feel about oil companies and gas prices, chances are you will be met with the usual diatribe about greed, market manipulation, and lack of disposable income that keeps most people thinking oil companies are the most evil and economically abusive institutions around. But is that really true? Gas …

  • Muse: Anti-Establishment Libertarians

    My favorite band ever, Muse, released their newest album, “The Resistance” last year. In this interview, Matt Bellamy, the lead singer and guitarist talks about why he released the album:  For liberty.

  • Government Disincentivized Oil Company Responsibility?

    Did a government program not only lessen the incentive for oil companies to safeguard against oil spills but also add to the price of oil at the same time?  This may be the case given the facts spelled out in a recent New York Times article. The article notes the following: The federal government has …

  • The Dollar, Gold, and Oil

    Although the original article has been publicly discredited by figures such as Saudi Central Bank Governor Muhammad al-Jassar and Japanese Finance Minister Hirohisa Fujiich, I find it worthwhile to discuss the claims that were made and the responses to those claims. Supposedly, “secret meetings have already been held by finance ministers and central bank governors …

  • Changing it up a little

    Or we could just switch our emphasis from Iraq to Afghanistan, and then maybe to North Korea, Pakistan, or Iran, depending on which one acts up the most.  Novelty is always appealing.  So this sounds like a plan, right? Wrong. Attacking Iran would be particularly hypocritical at this point, after many of those who advocated …

  • Opec cuts production – a lesson in supply and demand

    Opec agrees to cut output in the hopes that this will stabilize prices.  By reducing the supply of oil, they hope to drive prices up.  However, this plan could backfire if the drastic price reduction is being driven by lower demand.  Demand doesn’t appear to be rising, despite the record low price per barrell, so …