Jul - 9th

Pickens plan to reduce our dependency on foreign oil

Posted at 7:00 am | Filed Under Commodities, The Economy


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Jun - 24th

The American consumer is maxed out

Posted at 11:19 am | Filed Under Commodities, The Economy

This from USA Today:
Utilities cut off more customers who are behind on their bills
As skyrocketing food and gasoline prices strain budgets, utilities are disconnecting many more customers who fall behind on their bills, and even moderate-income households are getting zapped.
Electricity and natural gas shutoffs are up at least 15% in several states compared with last […]

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Jun - 19th

Trading drives up oil prices

Posted at 10:02 am | Filed Under Commodities, The Economy


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Jun - 10th

Gas prices keep going up

Posted at 7:19 am | Filed Under Commodities, The Economy


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Jun - 9th

Oil prices skyrocket

Posted at 2:26 pm | Filed Under Commodities, The Economy


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Jun - 9th

Jim Cramer analyzes economic outlook

Posted at 2:25 pm | Filed Under Commodities, The Economy


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Jun - 6th

The end of Hummer?

Posted at 7:26 am | Filed Under Commodities, The Economy


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May - 26th

Bill Gross warns about underestimated inflation

Posted at 12:21 pm | Filed Under Commodities, The Economy

In his June 2008 Investment Outlook, Bill Gross tries to explain why the government is (intentionally or not) fooling us into believing that inflation is lower than it actually is.
I’ll tell you another area where we’ve been foolin’ ourselves and that’s the belief that inflation is under control. I laid out the case three years […]

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May - 24th

The Oil crisis

Posted at 5:03 pm | Filed Under Commodities, The Economy


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May - 22nd

Oil at $200?

Posted at 7:19 am | Filed Under Commodities, The Economy

This from the New York Times:
Arjun N. Murti remembers the pain of the oil shocks of the 1970s. But he is bracing for something far worse now: He foresees a “super spike” — a price surge that will soon drive crude oil to $200 a barrel.
Mr. Murti, who has a bit of a green streak, […]

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