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Jon Talton

Analysis and commentary on economic news, trends and issues, with an emphasis on Seattle and the Northwest.

Topic: Oil prices

You are viewing the most recent posts on this topic.

January 14, 2015 at 11:01 AM

If we wanted to worry about the economy…

NOTE TO READERS: This is the second in an occasional look at the factors driving volatility in the market this year. For the first installment, click here. Americans are an optimistic lot. Climate change? Hey, maybe it’s not real and if it is, we won’t be hurt! A completely destabilized Middle East? Hey, my gasoline…


Comments | More in Economy | Topics: Consumer spending, deflation, Oil prices

January 6, 2015 at 10:36 AM

Welcome to the fragile year

Specialist Jarret Johnson works at his post on the floor of the New York Stock Exchange on Tuesday as oil prices continue to slide and stocks extend their slump. (Richard Drew/AP Photo) Market moves usually don’t speak with one voice and are best ignored in favor of the fundamentals. But when the stock market pulls a…


Comments | More in Energy | Topics: eurozone, Federal Reserve, Greece

December 16, 2014 at 10:15 AM

Dangers of poking the bear

Russia is in recession. Not only that, but interests rates have risen to 17 percent as the central bank tries desperately to protect the free-falling ruble. Bank runs by the rich are siphoning out dollars and euros, although the central bank hasn’t yet unloaded dollars, which might help. One big problem facing Moscow is falling oil…


Comments | More in Global economy | Topics: Nuclear weapons, Oil prices, Russian economy

December 9, 2014 at 10:40 AM

The slick slope of dropping oil prices

Oil prices have fallen almost 40 percent since June. This morning, light sweet crude futures for January were trading around $63.47 a barrel on the New York Mercantile Exchange, while Brent traded around $66.41. The shorthand for this phenomenon is: great for (and I hate this word) consumers, bad for Putin’s Russia and other oil-producing states…


Comments | More in Energy | Topics: debt, fracking, Oil prices

November 28, 2014 at 10:40 AM

Vote: Cheaper oil and you

As the chart shows, relatively cheaper oil prices eventually filter down to the pump: But the industrialized world runs on petroleum, so the effects of relatively less expensive prices will eventually be felt everywhere. What’s not to like, aside from the danger of increased burning of fossil fuels causes planetary disaster? (Oh, that…) For one thing, the…


Comments | More in Oil prices | Topics: Friday poll, Oil prices