Posts Tagged ‘ Oil ’
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 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
How to Profit When Big Oil Bets on Natural Gas
Sep 20th, 2010 | By Chris Mayer | 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 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
Africa, Latin America and Energy Development in the Atlantic Basin
Aug 4th, 2010 | By Byron King | 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 Byron King | 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 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
The Economy Has Six Months to Live
Jan 12th, 2010 | By James Howard Kunstler | Category: Economics, Featured
The economy has about six months to live. Especially the part that consists of swapping paper certificates. That’s the buzz I’ve gotten the first two weeks of 2010, and forgive me for not presenting a sheaf of charts and graphs to make the case. Just about everybody else yakking about ...read more
Oil Prices Will End the Futility Economy
Jan 5th, 2010 | By James Howard Kunstler | Category: Economics, Featured, Oil
On the first business day of the new year and oil traded above $80 a barrel, which means the price has re-entered the danger zone where it can crush industrial economies. This is a central element of the predicament we find ourselves in. The US economy is essentially a Happy ...read more
Climate, Oil, Reality and Delusion
Dec 8th, 2009 | By James Howard Kunstler | Category: Energy, Featured, Oil
Against a greater welter and flow of incoherence jerking the nation this way and that way en route to collapse comes "ClimateGate," the latest excuse for screaming knuckleheads to defend what has already been lost. It is also yet another distraction from the emergency agenda that the United States faces ...read more

