Tag Archives: fracking
Watch Out Below
Six months ago a canary was sent down into the global economic coal mine. At the time, oil was priced at over $110 a barrel. Last month they pulled the canary retrieval line back up…the canary was dead. The economy … Continue reading
Why the U.S. Government Should End the 40-Year Crude Oil Export Ban
An abundance of oil hides a lot of mistakes. Just think of Saudi Arabia. Oil accounts for 95 percent of their exports and contributes 70 percent of government revenue. Unfortunately, the royal family’s taken this cash cow and squandered it. … Continue reading
How to Profit from Obama’s War on Coal
Republican leaders are up in arms. House Speaker John Boehner calls it “nuts”. Senate Minority Leader Mitch McConnell said it’s a “lose-lose proposition”. No, we’re not referring to President Obama’s gum chewing faux pas at the D-Day anniversary in Normandy … Continue reading
Buck Butler’s Doggone Miracle
Not long ago, about the time of the financial crisis in 2008, the U.S. faced grim prospects of an interminable energy crisis. U.S. oil production had peaked in 1970 at about 9.6 million barrels per day. It had been in … Continue reading
