Tag Archives: oil prices

Doom and Gloom for North American Oil Producers

To the dismay of U.S. shale producers, oil prices continue their long slow slide into the abyss.  Perhaps the current price of $35 per barrel – an 11 year low – is the final destination.  More than likely, however, it’s … Continue reading

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Oil Debt Bubble Facing Total Collapse

Oil prices appear to be holding at about $45 per barrel, for now.  Gasoline prices are finally coming down too.  Here in the land of fruits and nuts we filled up our gas tank over the weekend with the cheap … Continue reading

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The Perfect Storm Bearing Down Upon Us

The barbarous relic wasn’t the only thing that got smashed last week.  Commodities did too.  On Thursday copper fell nearly 2 percent, to its lowest level since 2009. Iron-ore prices also dropped.  Oil did too…falling below $50 a barrel.  Still, … Continue reading

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Pinching the Losers in Congress

Financial markets are remarkably confounding.  If you’ve ever speculated on stock price movements, you know what we mean.  Predicting where the market will go is hard enough.  But knowing exactly when…that’s nearly impossible. Looking back, assigning causation, and projecting forward, … Continue reading

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