As efforts continue to impose sanctions on Iran ([1], [2]), I thought it would be helpful to discuss the possible implications of these developments for oil-consuming countries.
Author Archives: James_Hamilton
Reducing Petroleum Consumption from Transportation
MIT Professor Christopher Knittel has a new paper on the potential for the United States to reduce petroleum consumption.
Current economic conditions
The latest U.S. economic indicators have taken a favorable turn.
On the burden of government debt
I didn’t have time for a lengthy discussion of this issue, so will have to settle for some quick links of interest.
Getting the U.S. economy growing
We can sit and wring our hands, or we can get to work.
U.S. net exports of petroleum products
One big story of 2011 was the United States switched from being a net importer to a net exporter of petroleum products. Here are the details behind that development.
European financial tensions and the Fed
U.S. monetary policy has gone through three distinct phases since 2008. We may be about to begin the fourth.
Costs and benefits of the Keystone XL pipeline
With new pressure on the Obama Administration to approve the Keystone Gulf Coast Expansion Pipeline, I thought it would be helpful to review some of the debate.
FOMC statement
The Federal Reserve still would like to do more, but not right now.
More on those secret Federal Reserve loans to banks
The claim that the Federal Reserve extended trillions of dollars in secret loans to banks continues to be spread. Here at Econbrowser we will continue to try to correct some of the misunderstanding that is out there.