oil prices

This week, President Biden called on U.S. oil refiners to ramp up production to meet the growing demand for gas and rising prices at the pump. In a Time interview, Ford School professor Barry Rabe says he is "struck by the lack of appetite in either...

As Democrats face a potentially disastrous midterm season with high gas prices caused by Russia’s invasion of Ukraine, they are doing an about-face on some of their climate pledges.  Barry Rabe, J. Ira and Nicki Harris Family Professor of Public...

Amid the concerns that high oil prices are driving inflation and hurting Americans—with political consequences—members of Congress are calling on oil companies to work to reduce them. Ford School professor Daniel Raimi says the problems are more...

The Federal Reserve walks a thin line while trying to stop inflation without stopping growth. Betsey Stevenson, professor of public policy and economics, discussed what they need to consider when deciding which policy levers to pull. “Are we...

ANN ARBOR—Compensation of U.S. oil and gas executives is closely tied to oil prices—much more closely than economic theory would predict, according to new University of Michigan research. The U-M study found that a 10-percent rise in oil prices...