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Prices moved higher last week, at one point trading above $84 a barrel, before closing on Friday at $82.66. Analysts attributed the move to a weaker dollar and the French oil port strike that has been going on for the past two weeks. A weak US jobs report on Friday sent prices down to the vicinity of $80 a barrel, but continued weakness in the dollar brought it back. Analysts now believe that the jobs report will force the US Federal Reserve to begin “monetary easing” once again, resulting in a still weaker dollar and higher oil prices.

The Association for the Study of Peak Oil & Gas – USA (ASPO-USA) is a Continue Reading

http://www.guardian.co.uk/business/2010/jul/11/peak-oil-energy-disruption Business underestimating catastrophic consequences of declining oil, says Lloyd’s of London/ISS report One of Continue Reading

The oil spill resulting from the explosion of the Deepwater Horizon rig in the Gulf Continue Reading

Download Full PDF 1. Oil and the Global Economy Oil prices rose for 4 days Continue Reading

“In a sickening Interview with Forbes Magazine BP Chief Tony Hayward says the Gulf spill might Continue Reading

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Oil prices will likely return to $80 to $85 a barrel once the debt crisis Continue Reading

OPEC Secretary General Abdullah al-Badri said on Sunday the global oil market was oversupplied, calling Continue Reading

A deep sea drilling moratorium will leave global supplies depleted just as demand gets greater. Continue Reading

Your first warning came in 1956, with the publication of M. King Hubbert’s model of Continue Reading

“Saudi Arabia’s long-standing status as a swing producer of crude oil could be drawing to Continue Reading

At the Middlefield website on the right hand side there is a video of a Continue Reading

Bankers and regulators have not come anywhere close to responding with necessary vigor to the Continue Reading

There are lies, damn lies – and statistics. —attributed to Benjamin Disraeli, made popular by Continue Reading

There is no cause to worry. The high tide of prosperity will continue —Andrew W. Continue Reading

Happy Thanksgiving. I thought you might enjoy some light reading for the holiday. Here are Continue Reading

Extreme positions are not succeeded by moderate ones, but by contrary extreme positions —Friedrich Nietzsche Continue Reading

This is your last chance. After this, there is no turning back. You take the Continue Reading

All the world’s a stage, And all the men and women merely players They have Continue Reading

I think policy is currently quite accommodative. I think it can remain quite accommodative for Continue Reading

We have improved the prospects we won’t be consigned to a long period of subpar Continue Reading

It is hard to imagine a happy future for the dollar, and I was going Continue Reading