Rex Tillerson and the Myths, Lies and Oil Wars to Come

New Eastern Outlook by F. William Engdahl   Rex Tillerson, former CEO of the ExxonMobil oil colossus is not designated Secretary of State because of his diplomatic experience. He is there because clearly the Trump Project of those Patriarchs behind Trump–ones such as Warren Buffett, David Rockefeller, Henry Kissinger and others–want a person from Big… Read More Rex Tillerson and the Myths, Lies and Oil Wars to Come

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