The idea that oil shocks resulting from Peak Oil may cause large economic disruptions is not new. TOM THERRAMUS | 2010/01/20 This essay brings a new perspective on the subject of the article oil-price.net titled “Did High Oil Prices cause the Financial Crash?” which we published in November 2009. There is a lot of oil […]

Contango is when the investor or producer puts the commodity into storage waiting for the prices to improve-before selling. MERLIN FLOWER | 2010/01/13 A cold wave has engulfed much of Europe, the US and Northern Asia. The resultant freezing temperature has led to a thirty percent surge in the demand for heating oil. With it, […]

In short, Iran didn’t have much work to do. The stage was set and it only had to make people believe of ‘some’ tension in the region. Per se, it seems, Iran was able to pull it off too. Most of what was reported in the media hinged on the inference that Iran was asserting […]