When conventional wisdom is not working, we need to consider alternative wealth creating strategies. An important region along the New Silk Road, where East meets West, is providing alternative investment opportunities as a result of recent political thaws and expanded trade with Asia.
The oil inventory numbers came out yesterday and there was an increase of roughly 5 million barrels, 1 million more than the American Petroleum Institute’s (API) estimates. Consequently, the price plunged nearly 6% in its largest drop in nearly 3 months. But is this the whole story?
WHo would have imagined $4 a gallon gasoline, other than Alan Gaines. And did you know he’s now predicting $7-8 a gallon? And tell me, who can afford that?
By: Rakesh P Crude oil prices have been capturing many news headlines worldwide, be they are falling or rising. Crude oil has been demonstrating a sense of its importance to global consumers for the past couple of years. In the past, many economies had failed to adeptly face crude oil price shocks of 1974 and [...]
By: Josh Greenberger (June 2008) Nancy Pelosi will probably go down in history as the greatest enemy-from-within this country has ever had. As bad as Bush’s ratings are, the Democratic Congress’ is even worse, and Nancy Pelosi scrapes the bottom of the barrel. Her claim of not opening more offshore drilling because energy companies are [...]
By: Josh Greenberger (May 21, 2008) With the almost daily rise in gasoline prices threatening the lifestyle of every American, the question on many people’s minds is, where will it end? According to the U.S. General Services Administration (GSA), the average retail price for gasoline in 2002 was $1.35 per gallon and crude oil averaged [...]
By: Josh Greenberger (June 4, 2008) It’s easy to blame our current predicament of high gasoline prices on insufficient oil production or export by OPEC. It’s more difficult to blame ourselves for passivity and lack of resolve. There’s no question that OPEC could help alleviate the situation. But we could do the same on our [...]
By: Donald Mitchell What if you work in a volatile environment? Shift from forecasting to thinking about “what if” changes happen. Sometimes the winds of irresistible forces can blow in many and unpredictable directions, and the required actions can be quite diverse. Consider the pricing and demand for commodities like oil. How can you prepare [...]
By: Bob Obrien Last year when oil went to $147.00 barrel many people blamed the traders, but this was not the full story at all. Oil and commodities started to become recognized as a new asset class by a lot of investors, and with all the new creative ETF’s in the world it [...]
By: Christopher M. England In The Ordeal of Change, Eric Hoffer, American philosopher and recipient of the Presidential Medal of Freedom (1983) said “In times of change, learners inherit the Earth, while the learned find themselves beautifully equipped to deal with a world that no longer exists.” Timeless words for rapidly changing times. Let’s Face [...]
By: Klaus H Hemsath demand for petroleum is increasing. Crude oil prices have topped $135 per barrel. Oil prices have been on a steady climb for a long time. Dwindling OPEC oil reserves and a weak dollar are driving petroleum prices to new heights.The US government has made no serious efforts to develop effective countermeasures. [...]
By: Bob Jent Countries across the world rely heavily on oil and its byproducts to create much of the energy that their citizens consume. The availability of gasoline to power vehicles, boats and aircraft in the United States of America is dependent largely upon oil that is imported from other nations, and particularly from members [...]
By: Klaus H Hemsath n the US automotive industry is in dire straits. It did not learn from the 1973 energy crisis. It did not learn from the Chrysler experience. It did not learn from Toyota. It continued to depend on old, worn out concepts and on CEO’s that are kept in their positions by [...]
