Posts Tagged ‘ oil prices ’
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’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
Oil Prices Will Eventually Change Everything Drastically
Mar 9th, 2010 | By James Howard Kunstler | Category: Featured, Politics
I was plying the interstate highways of New England this weekend — there is no sane way to get from Albany, New York, to the vicinity of Middletown, Connecticut, by public transit — marveling at the vistas of normality all around me: the freeway lanes with their orderly streams of ...read more
Cheap Oil is Gone, and That’s Good News
Jan 19th, 2010 | By Marin Katusa | Category: Featured, Oil
Over the next year or two, you will likely find yourself paying a LOT more at the gas pump. Big changes are taking place in the oil industry. With increased global demand and declining supply, easy oil is not so easy anymore.
Everything is about to get more expensive. From gasoline ...read more
Strange Days of Debt, Peak Oil and Stock Rallies
Apr 7th, 2009 | By James Howard Kunstler | Category: Featured, Macro Economics
Even while a wave of reflex nausea washed over America last week, and the unemployment rolls swelled by much more than another half million, the greatest stock market suckers' rally in seventy years pulled in the last of the credulous. These are strange days. The earth is heaving and the ...read more
A Net-Positive Gas Tax
Mar 23rd, 2009 | By Whiskey Contributor | Category: Energy, Featured, Oil
Richard Lugar, in the February 1 issue of the Washington Post , supported Charles Krauthammerís so-called net-zero gas tax idea . This net-zero idea is an eminently fair and painless way to combat our looming oil crisis. What makes the idea so great is that the taxes collected are given ...read more
The Dollar and Oil Prices
Sep 12th, 2008 | By Byron King | Category: Currencies, Oil
I just returned from New York City, where I had a unique perspective on the unfolding event of Hurricane Gustav. I spent Monday and Tuesday of this week as a guest in the studios of the Fox Business Network, at the corner of 47th Street West and Avenue of the ...read more
Oil Price Retreats
Jul 30th, 2008 | By Byron King | Category: Currencies, Oil
On the energy front, we’ve seen several days of declining prices. Oil has led the way, falling from about $146 to $121. Coal and natural gas sold down, as well, as did many energy companies and service firms.
So we’ve seen quite a tumble, led by declining oil. But then again, ...read more

