Posts Tagged ‘ Oil ’

What Is America’s Economic Breaking Point?

Apr 30th, 2012 | By | Category: Economics, Featured, 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


Many Austrians Are Wrong About Peak Oil Theory

Apr 10th, 2012 | By | 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 | 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


The State of the Union, Just Another Reality Show

Feb 1st, 2012 | By | Category: Featured, Gold, International, Politics
It looks just like a reality show that's not going to be renewed for another season. President Obama's State of the Union ratings are headed in the same direction as American Idol's so far this season – down. Let me make a secret confession right here. For years, the producer of ...read more


Iran’s Desperate Gamble to Push Oil Up to $200

Jan 3rd, 2012 | By | 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


How to Profit When Big Oil Bets on Natural Gas

Sep 20th, 2010 | By | Category: Commodities, Energy, Featured
Royal Dutch Shell said that by 2012 it expects more than half of its output will be natural gas — not oil. That is as if Starbucks said it expects to sell more tea than coffee. Yet this is not unusual for Big Oil these days. In fact, most are making ...read more


Mexico’s Crashing Oil Industry

Aug 9th, 2010 | By | 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


Africa, Latin America and Energy Development in the Atlantic Basin

Aug 4th, 2010 | By | Category: Energy, Featured, International, Oil
Recently, I had a long talk with Ali Moshiri, President of Chevron Africa and Latin America Exploration and Production Company. Mr. Moshiri been has been working for Chevron for over 30 years. He’s one busy man, whose responsibilities begin in the southern waters of the Gulf of Mexico and extend ...read more


Deep Water Drilling and Expensive Oil

May 25th, 2010 | By | Category: Featured, Oil
Byron: This blow out in the Gulf of Mexico absolutely should not have happened. Yes, it could have been prevented. But we are already on the other side of Peak Oil. Oil is going to keep getting more expensive and eventually it could get too expensive for life to be ...read more


Cheap Oil is Gone, and That’s Good News

Jan 19th, 2010 | By | 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