Saudi Arabia is doing precisely what governments do when they understand that the world is no longer stable: buying protection, influence, and time....
Governments never seem to learn from history. Every time energy prices surge, politicians rush to impose price controls as if markets can be commanded to obey...
One of the most dangerous illusions in Washington is the belief that war and energy shocks are temporary. Politicians always assume that prices will spike briefly...
PRIVATE BLOG – Does the Computer See a Long-Term Bull Market in Gasoline Prices? Private blog posts are exclusively available to Socrates subscribers. To sign-up...
PRIVATE BLOG – Crude Oil is Warning This Does NOT End Nicely Private blog posts are exclusively available to Socrates subscribers. To sign-up for Socrates or to...
What you are looking at with Canada completing the roughly $9.4 billion Darlington nuclear refurbishment early and under budget is something that completely...
QUESTION: Will oil go crazy if Iran closes the Strait of Hormuz? Sam ANSWER: It is questionable if Iran would do that, for we get only about 3% of our oil through...
The EU has now given its final approval to a legally binding ban on Russian gas imports, pretending this is some grand moral victory. Reuters is reporting that the...
China became Venezuela’s largest oil purchaser through oil-for-debt deals. Socialism failed, and the nation was desperate for funds, especially after being...