Oil http://blog.wlrn.org en How Venezuela Won Miss Universe – And Lost Its Relevance http://blog.wlrn.org/post/how-venezuela-won-miss-universe-and-lost-its-relevance <p>What do Miss Universe and <a href="http://www.miamiherald.com/2013/11/11/3746827/miami-herald-reporter-recounts.html" target="_blank">Miami Herald South America correspondent Jim Wyss</a> have in common? Not a heck of a lot physically. But quite a bit symbolically: Left-wing Venezuelan President Nicolás Maduro would have liked to use both of them recently to distract voters from his so-far disastrous administration.</p> Mon, 18 Nov 2013 22:19:10 +0000 Tim Padgett 23715 at http://blog.wlrn.org How Venezuela Won Miss Universe – And Lost Its Relevance The 1973 Arab Oil Embargo: The Old Rules No Longer Apply http://blog.wlrn.org/post/1973-arab-oil-embargo-old-rules-no-longer-apply Forty years ago this week, the U.S. was hit by an oil shock that reverberates until this day.<p>Arab oil producers cut off exports to the U.S. to protest American military support for Israel in its 1973 war with Egypt and Syria. This brought soaring gas prices and long lines at filling stations, and it contributed to a major economic downturn in the U.S.<p>The embargo made the U.S. feel heavily dependent on Middle Eastern oil, which in turn led the U.S. to focus on instability in that region, which has since included multiple wars and other U.S. Wed, 16 Oct 2013 21:20:40 +0000 22229 at http://blog.wlrn.org The 1973 Arab Oil Embargo: The Old Rules No Longer Apply Phase 2 Of BP Trial Focuses On Amount Of Spilled Oil http://blog.wlrn.org/post/phase-two-bp-trial-focuses-amount-spilled-oil In a New Orleans courtroom this week, BP and the federal government are arguing over how much oil gushed into the Gulf of Mexico after the <a href="http://www.npr.org/templates/archives/archive.php?thingId=127868273">Deepwater Horizon explosion</a> in 2010.<p>Oil flowed from the out-of-control well for nearly three months. Just how much oil spilled will be key in determining the amount BP will have to pay in federal fines and penalties.<p>Attorneys for both the U.S. Tue, 08 Oct 2013 12:00:21 +0000 Jeff Brady 21794 at http://blog.wlrn.org Phase 2 Of BP Trial Focuses On Amount Of Spilled Oil Venezuela's Next Leader Faces Tough Choice On Oil Program http://blog.wlrn.org/post/venezuelas-next-leader-has-figure-out-what-do-all-oil As Venezuela's president, Hugo Chavez thought in grandiose terms, and his country's vast oil riches enabled him to act on his vision. But Chavez died before he had to deal with the flaws in his model, and some hard choices await his successor.<p>Key to Chavez's notion of "21st Century Socialism" was the redistribution of Venezuela's oil earnings. Thu, 11 Apr 2013 13:45:38 +0000 Tom Gjelten 12245 at http://blog.wlrn.org Venezuela's Next Leader Faces Tough Choice On Oil Program Another Oil Rig Fire In The Gulf http://blog.wlrn.org/post/another-oil-rig-fire-gulf <p>Two years after the Deepwater&nbsp;Horizon oil spill in the Gulf of Mexico, another oil rig has caught fire in the Gulf just off the Louisiana shore today.</p><p><a href="http://www.floridatoday.com/article/20121116/NEWS01/311160042/1086/rss07/Oil-rig-fire-Gulf-Mexico?utm_source=dlvr.it&amp;utm_medium=twitter" target="_blank">According to the Associated Press</a>,</p> Fri, 16 Nov 2012 17:38:01 +0000 Ashley Lopez 4833 at http://blog.wlrn.org Another Oil Rig Fire In The Gulf