Posts Tagged ‘ 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 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
The State of the Union, Just Another Reality Show
Feb 1st, 2012 | By Charles Goyette | 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 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

