How Economies Of Scale Produced The Big Oil Companies We Know Today

Rig Source by Savannah Adkins   The term “economies of scale” might as well have been invented for the oil and gas industries. Think about how much it would cost to start a new company with the vision of prospecting and drilling for oil, refining it, and selling it as gasoline. It would cost you… Read More How Economies Of Scale Produced The Big Oil Companies We Know Today

The Perfect Storm in Oil Prices Will Hit in the Ides of March

The Great Recession Blog by David Haggith   While some business / economic publications, like NewsMax are saying that, “Oil is pulling away from the market’s biggest storm in seven years,” I say, “Don’t believe it.” Not for one second. The real storm begins near the middle of March. Because people saw that the price of… Read More The Perfect Storm in Oil Prices Will Hit in the Ides of March

Middle Eastern Wars Have ALWAYS Been About Oil

Washington’s Blog   Robert Kennedy Jr. notes: For Americans to really understand what’s going on, it’s important to review some details about this sordid but little-remembered history. During the 1950s, President Eisenhower and the Dulles brothers — CIA Director Allen Dulles and Secretary of State John Foster Dulles — rebuffed Soviet treaty proposals to leave… Read More Middle Eastern Wars Have ALWAYS Been About Oil