Tag archive for ‘Dollar’
Has the “oil bubble” finally burst?
Back on June 23, I wrote a piece entitled “Why is Crude Oil (and gasoline) so expensive?” Since then, I’ve received quite a few emalis and comments to that piece - many of which essentially chastising me for not adopting the “drill here, drill now” framework as being the main lynchpin to solving US oil [...]
The Challenges of Energy Part II: Petroleum & Ecology issues
In the second part of my series on energy issues - today I want to talk about oil, Texas tea, black gold. For most of us, we see “oil” when we gas our cars - cursing I’m sure at the high price of gasoline. However, oil is must more ubiquitous than just gasoline. Oil and [...]
The Challenges of Energy Part I: Electricity
It seems like the world has run out of gas lately - doesn’t it? The supply, in the form of coal, nuclear, oil, and gas, all seems just not to be enough to satisfy our demands for energy. Although prices are fluxuating, the price of oil having dropped significantly lately, the reality is the long [...]
Unwinding Mess - IndyMac, Freddie Mac, and Fannie Mae
On Friday, the first unavoidable evidence that the credit crunch continues burst forth to center stage. The Office of Thrift Supervision (OTS) and the Federal Depositors Insurance Corporation (FDIC) were forced to take control of IndyMac Bancorp, Inc. IndyMac’s failure marks one of the largest bank failures in history, and is the largest bank failure [...]
Gone with the Wind? Pickens’ plan for America.
America is facing a serious long-term energy crisis. The price at the “pump” that people are so traumatized by is really the short-term symptom of a longer term problem. As the largest of the two “third world” nations industrialize, India and China, billions of people are rapidly increasing in their wealth, standard of living, and [...]
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