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Monthly Archives: April 2015
Faces of the shale oil bust
The U.S. shale oil boom that powered the country’s highest crude oil production levels in decades appears to be slowing down due, in part, to a glut of supplies. Here is a direct video link.
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Chinese trade slumps
“Facts do not cease to exist because they are ignored.” –Aldous Huxley (1894-1963), philosopher, writer Trade figures from China show the world’s second largest economy may be in even worse shape than expected with March exports dropping hard. Jane Lanhee … Continue reading
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The truth about falling oil: demand destruction
Oil bulls miscalculated when they figured on the human race having an insatiable demand for oil. To the contrary, the edging out of costly, inefficient, dirty energies, is the natural evolution of a steadily advancing society. This is something forward … Continue reading
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