Tag: oil
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Fuel Riptide, the Russian Interest Rate and the World Economy
Cost of fuel has dropped by 45% and that is good, right? Lower gas prices are good for an economy when they drop slowly. It is sort of like losing weight, if you drop a lot of weight quickly it can have a negative effect on the body. Losing weight slowly, like a couple of…
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The Brazilian Job
Remember the gulf oil spill last year? Who could forget, right? I have argued for some time now that President Obama is not as naive as he, on the surface, appears.In fact, what seems to be indecision, I believe to be calculation. The perception of many is that he is inexperienced or incompetent, when in…
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Sheen and Gaddafi
I am amazed at the headlines almost daily now. From my perspective it seem as if things have been flipped upside down. That Charlie Sheen and Muammar Gaddafi are the lead stories for days now gives me insight into where things are headed. There have been strange headlines before and there will be again, but…
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The Price of Black Gold
Oil prices are on the rise. With unrest in the Middle East the price of crude oil continues to climb. Is this just a result of the turmoil or is there something else at work? Mississippi Governor Haley Barbour believes it is the goal of the Obama administration to allow gas prices to increase in…