Tag: Peak Oil Theory
Is This Toxic To The U.S. Economy?
In recent weeks, I’ve been discussing the oil market. I’ve been talking about peak oil theory and its potential impact. I’ve also been pointing out the short term bearish fundamentals for oil. Strangely enough, the market is ignoring the fundamentals. Oil recently hit a 52-week high of just over $87 a barrel. I believe current […]
Will Black Gold Make Investors Rich?
You may remember these lyrics to the old sitcom from the 1960s “The Beverly Hillbillies”. “Come and listen to a story about a man named Jed A poor mountaineer, barely kept his family fed, Then one day he was shootin’ at some food, And up through the ground came a bubblin’ crude. Oil that is, […]
