The high gasoline prices of 2008 may be nothing but a pleasant memory this summer. That year, gasoline peaked at over $3.50 a gallon. Already this year, the average price of regular gasoline has already broken through the $2.80 mark – whereas it took until mid-April to hit that level in 2008. We’re...
Bloomberg reports that Brent crude prices topped $103 a barrel today. Brent crude is the benchmark for two-thirds of the world's oil supply. Global oil markets are clearly concerned about escalating troubles in Egypt, Jordan, Tunisia, Yemen and a handful of other Middle Eastern countries. The potential...
For the last few years, the Energy Information Agency (EIA) has maintained a rosy future for oil supply. In 2008, the EIA estimated that global supply would hit between 100 and 105 million barrels a day in 2020, and 110-115 million barrels a day in 2030. But now, with the latest release of International...
It has been a busy day in Rome, doing the Vatican Museum, St. Peter's and the Trevi Fountain. But I have to find time to get you your Outside the Box and have I got a great one for you. David Galland of Casey Research was kind enough to let me use an interview he did with two of his energy research...
Normal 0 MicrosoftInternetExplorer4 October 22, 2009 · $80 oil · Herman E. Daly on the economics of limited resources · Profiting from oil and gas small-caps Fellow Investor, Yesterday, oil rallied to close above $81 a barrel, the first time the precious commodity has hit that level...
(Interviewed by Louis James, International Speculator ) L: Doug, we talked last week about what you called the trade of the decade, which was to short long bonds and go long on precious metals. These are the kinds of bets we make in The Casey Report and the International Speculator , but we have a whole...