Oil
If there exists a single factor that can put enough pressure on the whole of the American economy and force it to crumble under its own weight, it's the price the average American pays for gas. Extreme up side gas price swings have preceded seven of the last eight American ...read more
I Love Oil Speculators
Apr 23rd, 2012 | By Charles Goyette | Category: Economics, Featured, Oil, Politics
White House polling must show how badly gas prices are hurting Obama's approval numbers. Badly enough that he's even trying to ease up on attacking Iran.
Here's Obama on the campaign trail: "The problem is ... speculators and people make various bets, and they say, you know what, we think that ...read more
Many Austrians Are Wrong About Peak Oil Theory
Apr 10th, 2012 | By Whiskey Contributor | Category: Economics, Featured, Oil
Time and again I read Austrian School economists dissing Peak Oil Theory. They likely do this because they have not taken the time to fully understand the theory behind peak oil. Instead, they get caught up in the doom and gloom predictions made by many proponents of Peak Oil Theory ...read more
Why Gas Prices Are Actually Falling
Feb 24th, 2012 | By Gary Gibson | Category: Economics, Featured, Oil
In a world of rising gasoline prices, Forbes tells us that gasoline prices are not actually rising, and in fact are lower than ever.
And they ain't lyin'!
Writing for Forbes Louis Woodhill gets this seeming contradiction right. He views the price of gas not in terms of the depreciating monopoly money ...read more
Consequences to Expect if the U.S. Invades Iran
Feb 22nd, 2012 | By Whiskey Contributor | Category: Featured, Oil, Politics
Let's be honest, quite a few Americans love a good war, especially those Americans who have never had to bear witness to one first hand. War is the ultimate tribally vicarious experience. Anyone, even pudgy armchair generals with deep-seated feelings of personal inadequacy, can revel in the victories and actions ...read more
Iran: Oh, No, Not Again
Jan 13th, 2012 | By Chris Martenson | Category: Featured, Oil, Politics
In each of the years 2008, 2009 and 2010, significant worries emerged that Western nations might attack Iran. Here in 2012, similar concerns are once again at the surface.
Why revisit this topic again? Simply because if actions against Iran trigger a shutdown of the Strait of Hormuz, through which 40% ...read more
Iran’s Desperate Gamble to Push Oil Up to $200
Jan 3rd, 2012 | By Michael Pento | Category: Featured, International, Oil
As this tumultuous and volatile year draws to an end, it's time to turn your thoughts to 2012. What will the new year bring…and what can you do to prepare for it?
I've given it a lot of thought, drawing on my decades of market-watching experience. In the end, I came ...read more
Riots in France a Symptom of Declining Western Wealth
Nov 15th, 2010 | By Byron King | Category: Economics, Featured, Oil
The French nation was hobbled by strikes, rolling strikes, street violence and other protests. It sprung from the proposal of French Pres. Sarkozy to raise the minimum retirement age to 62, by 2018 — or so the newspapers tell us. Let’s think about it, though.
As a long-time follower of the ...read more
Still Profiting from Deepwater Drilling
Sep 8th, 2010 | By Byron King | Category: Featured, Oil
Not long ago, I interviewed Ali Moshiri, President of Chevron Africa and Latin America Exploration and Production Company. We discussed his role at Chevron, where he runs energy exploration and development in the vast Atlantic Basin. We also discussed Mr. Moshiri’s views on what Mexico needs to do to breathe ...read more
Mexico’s Crashing Oil Industry
Aug 9th, 2010 | By Byron King | Category: Featured, International, Oil
Mexico is a critical oil supplier to the United States. But Mexico’s ‘s oil industry is in crisis. Indeed the grim numbers come from no less a source than the Mexican Energy Ministry. Production statistics make it clear that Mexico’s overall oil output is declining rapidly — with the word ...read more

