A bunch of bobble-heads and tongue-waggers are saying that the recent decline [in the price of crude oil] shows the top is in… [for]this year. Sheesh, gimme some of what they’re smokin’! Words: 1215
January 25th, 2011 | Posted in Investing,Oil and Gas | Read More »
The politicians in Washington tell us the economy is recovering. Well, maybe so … as long as you don’t need a job. The problems facing this country — in debt, energy, lost jobs, unbalanced budgets and more — continue to mount. In short, I think we’re headed for a head-on collision with hard times. Are you going to be ready? Words: 1386
September 12th, 2010 | Posted in Investing | Read More »
Once economic growth recovers, it is likely we will return to the market conditions of 2008. The price of $140 per barrel oil was not an aberration; it was a warning. An oil crisis is coming that could prove devastating to future economic growth. Given the long lead times of 5-to-10 years from oil discovery to production, we need to act now to avert this outcome. Words: 862
March 2nd, 2010 | Posted in Oil and Gas | Read More »
The imbalance between oil demand and supply is likely to result in a decade long upward trajectory in energy prices, marked by volatility. The world is going to be running short of oil production in the not too distant future and these new discoveries don’t change that reality. Words: 2032
February 28th, 2010 | Posted in Oil and Gas | Read More »