War Windfalls: Following the U.S.-Israeli strikes on Iran, a barrel of oil passed the $100 mark for the first time since Russia invaded Ukraine in 2022. Here, the price per gallon of gas is shown at a gas station in New York, NY on March 9, 2026.

Another War, Another Excuse for Profiteering

by Hal Singer March 10, 2026August 24, 2026

Every energy crisis is a windfall for oil refiners—and consumers pay the price.

Magazine

Why the Sun Will Never Set on the Federal Empire

by Nicholas Lemann September 1, 1976January 12, 2023

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Oil policy

Another War, Another Excuse for Profiteering

Why the Sun Will Never Set on the Federal Empire

The Feminist Was a Spy

A Fitting End for Trump’s Gaudy Ballroom

The New Normal in Kyiv, Ukraine

How to Build a Big Tent

The Swastika and the Red Hat

A Different Kind of College Ranking

After the Closures

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