Posted by Deron Lovaas in Moving Beyond Oil
Ah, Washington. This is a lovely town, but it has its quirks. When, for example, taxes are the topic. Sen. Russell Long of Louisiana had a funny saying about the national aversion to the sticky issue of generating revenue: "Don't tax me,...continued→
Posted by Deron Lovaas in Moving Beyond Oil
An extradordinary albeit expected landmark was reached in the oil markets today -- $100 per barrel oil. As one analyst quipped, it could go higher given constrained supply (new violence in oil-rich Nigeria was singled out by analysts as the...continued→
Posted by Deron Lovaas in Moving Beyond Oil
Driving a mere thirty miles around the Beltway (in my nifty hybrid car, no less) to visit my parents on Thanksgiving will be a snap compared to what many people face. Rising prices for airlines and hotels have spoiled the...continued→
Posted by Deron Lovaas in Moving Beyond Oil
In a first since they began trading on NYMEX in 1983, futures for oil hit $92. This continues an eye-popping runup in prices this year, as you can see in the graph below from another blog, The Big Picture. Will...continued→
