Posts Tagged ‘ OPEC ’

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


Oil Company Legislation

Jul 3rd, 2008 | By | Category: Oil
A few weeks ago we witnessed a political act of such unimaginable stupidity, it is hard to not choke at the mention of it. A cursory review of the details is worth a minute of your time. This compliments of The Oil & Gas Journal… “WASHINGTON, DC, May 20 — The U.S. ...read more


A Truth About Oil Exporting

Jan 10th, 2008 | By | Category: Oil
PEOPLE ARE AMAZED BY NUMBERS. Benchmarks and records can have huge psychological effects on the way people view a problem. So why are people so slow to react to this new milestone? Oil has finally reached $100 per barrel, yet few people on the distant end of oil supply lines are ...read more