It wasn't long ago (three weeks to be exact) that everyone was talking about the threat of inflation. Now as commodity prices collapse, everyone is talking about deflation. The credit crisis has...
While we are sitting here smarting over the massive and sudden fall in the global markets due to a credit crisis, Ahmadinejad has decided that he wants jihad. He has the perfect opportunity now....
Today, the airline industry circulated the following to all of its customers desperately urging that the government take measures to curtain oil speculation. I think that the airline industry is...
The weaker dollar and higher fuel prices are helping to make US manufacturers more competitive with Chinese companies. Thanks to higher fuel prices, the cost of shipping across the Pacific has gone...
In my experience, professors are actually pretty good at seeing the big picture and figuring out what is going. This interview of Jeremy Siegel and Witold Henisz is illuminating regarding the...
Just watching Matt Simmons in TV. He published a book 3 years ago when oil was at $30 saying that oil is going much higher. Hiss views on peak oil are not completely absurd.
Oil hit $119.90 the other day, a new record and many are expecting it to go higher. The sharp rise in oil prices is strange considering global growth has slowed, especially in the US. Slower...
Almost every analyst sees oil going over $100 per barrel. That's just a few dollars short of the inflation adjusted high in the 1970s. Rising energy costs along with credit problems are going to...
Debate over the rapid rise in oil prices ranges from blaming geopolitical events, Arab producing nations, big oil companies, hedge funds and the like. All have something to do with the rise, but...
Oil has reached a new record - $93 per barrel - despite plenty of supply. The news will tell you that it's because of geopolitical tension between the Kurds and Turkey but neither of these areas...
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