The Feigned and Future Demise of Big-Oil

New Eastern Outlook by Tony Cartalucci   Four of the top five Global Fortune 500 corporations are involved in petroleum refining. Together with big-finance and industrial giants like big-auto and utility monopolies, big-oil dominates the global economy. The monopoly it enjoys grants it the unwarranted power and influence it has wielded throughout the 20th and 21st centuries.… Read More The Feigned and Future Demise of Big-Oil

Oil Market Snapshots — Will Oil Supply Glut Continue, What Will Happen With Oil Prices?

The Great Recession Blog by David Haggith   Here are several quick looks at the oil supply glut and whether it is likely to worsen, hold the same, or improve during the summer of 2016. First, a picture of the cost of the oil supply glut This snapshot of a major oil company epitomizes what is… Read More Oil Market Snapshots — Will Oil Supply Glut Continue, What Will Happen With Oil Prices?

One More Casualty Of The 9/11 Farce – The Petrodollar

Alt-Market by Brandon Smith   It’s been about 15 years now since passenger airliners struck the World Trade Center towers on 9/11, and we are still suffering the consequences of that day, though perhaps not in the ways many Americans might believe. The 9/11 attacks were billed by the Bush Administration as a “wake-up call”… Read More One More Casualty Of The 9/11 Farce – The Petrodollar