Tag Archives: gas prices
Will Iran Kill the Petrodollar?
Will Iran Kill the Petrodollar? By Marin Katusa, Casey Research The official line from the United States and the European Union is that Tehran must be punished for continuing its efforts to develop a nuclear weapon. The punishment: sanctions on … Continue reading
War Imminent in Straits of Hormuz? $200 a Barrel Oil?
War Imminent in Straits of Hormuz? $200 a Barrel Oil? [Editor’s note: Today we bring you a guest essay by John Daly detailing the burgeoning potential for conflict in the Persian Gulf and how this could impact oil prices. Reprinted … Continue reading
Cash and Credit Created from Thin Air is Not Real Wealth
Something mysterious is happening. The U.S. economy is deflating at the very moment the Federal Reserve is huffing and puffing more than ever to pump it up. How could this be possible? Like jumbo shrimp or an ashtray with a … Continue reading
Oil Hits 32-Month High As Unrest Persists in the Middle East
Oil prices keep going up. Gas prices too. We filled up our tank on Wednesday and paid $4.19 per gallon for the cheap stuff. What gives? According to the President high oil prices are caused by speculators gaming the oil … Continue reading