Tag Archives: oil
The Rapid Closure of America’s Technological Power Gap
After 40 years of rapid globalization, more and more U.S. adversaries – or potential adversaries – have the knowhow and resources to compete for technological dominance. The technological power gap and the cost to fill it plunges with each iteration of Samad drones. In effect, long-range drones, like the Colt 45 of the late-19th century, are the great equalizer. Continue reading
Powell’s Pivot to Nowhere
Slow growth. High prices. The U.S. economy – and the global economy – was already facing these disagreeable prospects before Putin invaded Ukraine. Continue reading
Are You Prepared for $200 per Barrel Oil?
The popular theme among politicians and the ruling elites is that crude oil will enter a secular price decline as global demand turns towards renewable energy. What these eggheads don’t readily acknowledged is that such a transition takes time. Demand for oil will decline much slower than available supply, especially when investment in production is curbed. Continue reading
Heading for Disaster
No place is the mix of geopolitics and economics more turbulent than the muddy waters of oil and gas resources. This week they were muddied up some more. On Tuesday, the United States and the European Union sprayed Russia with … Continue reading