The Port of Manila, the largest seaport in the country, has been recognized as the most widely used port in the Greater Capital Region with utilization rate of 71.6% compared to only 2.3% and 6.1% utilization of Batangas and Subic Ports, respectively (NEDA, 2012). The ports of Batangas and Subic...

This article examines how the shale oil revolution has shaped the evolution of U.S. crude oil and gasoline prices. It puts the evolution of shale oil production into historical perspective, highlights uncertainties about future shale oil production, and cautions against the view that the U.S....