Man, I’ve been busy with my new oil report. I just had some time today to kick back and read some stories. Check out this first one …
Investment Bank Fortis Expects Complete Breakdown of the American Financial Markets Within Days or Weeks RUSSEL/AMSTERDAM (DFT) - Fortis expects a complete breakdown of the American [...]
I’m very busy putting the finishing touches on my new oil report. which comes out July 1. Here are a few things to read …
Tim Iacono over at Seeking Alpha wonders if gold is about to make its next big move higher. And he has chart eye-candy …
Are we really heading for [...]
Slate has a good story on Peak Oil with lots of stats: Barrel Fever.
Personally, I can’t wait to see what the International Energy Agency comes up with in its comprehensive assessment of the world’s top 400 oil fields. From last month’s Wall Street Journal …
For several years, the IEA has predicted [...]
by Sean Brodrick on June 24, 2008
in General
The EPI notes that income inequality in the US continues to widen like the Grand Canyon. This is just the gap between the top 0.1% and the top 1%. Wow!
Here’s an interesting read: Apparently Insane Moments in the Commodities Trade. The author looks at the Saudis’ bizarre experiment with growing wheat in [...]
And here is the news …
Oil Rises as Saudi Plan to Pump More Fails to Ease Nigeria Supply Concern Oil rose to within $3 of a record on speculation Saudi Arabia’s output increase may not raise global supply after an Chevron Corp. pipeline was blown up in Nigeria and a North Sea [...]
Check out this “no ethanol” sign at a gas station in New York. That’s because ethanol contains less bang for your buck than gasoline.
I went to Orlando and back last weekend with my family of four in a Honda CRV fueled with a 10% ethanol blend — and our gas mileage was [...]
by Sean Brodrick on June 18, 2008
in General
A Boston Globe blog has some absolutely amazing /horrifying photos of the recent storms and floods and resulting devastation in the Midwest … To see the rest — and you should – CLICK HERE.
The human toll is incalculable, and it’s probably worse than we know because sewage, farm chemicals and animal waste [...]
by Sean Brodrick on June 18, 2008
in General
Endeavour Silver is one of the recommended positions in the Red-Hot Canadian Small-Cap portfolio, and I talked about it in a recent Money and Markets.com column after my trip to Mexico. It had some good news today …
Endeavour Silver Discovers Several New Zones of High Grade Silver Mineralization on San Pedro Properties in [...]
Chart of the Freakin’ Day …
Source: The Oil Drum EuropeMexico is the world’s No. 6 oil producer and a key U.S. crude supplier but Pemex’s oil output has declined this year due to waning yields at the aging Cantarell oil field and technical problems at wells in recent weeks.
The sheer hypocrisy [...]
The talking heads on CNBC are wondering why oil prices keep going higher. Well, a picture is worth a thousand words, so here’s why … Source: Netoilexports.blogspot.com You can see exports are down year over year while demand keeps rising. And that’s why the Saudi agreement to pump more oil isn’t calming [...]