Crude oil at $145 a barrel caused the financial crisis. GIUSEPPE MARCONI | 2009/11/18 Everyone has been concerned by the recent global economic crisis. In the United States and Europe the newspapers are full of stories of those who have lost their houses and businesses. Elected officials from many nations have sung the evils of […]

Behind Buffett’s purchase of railways: belief in crude oil depletion? STEVE AUSTIN | 2009/11/12 From long-term passion for model trains to stake-building of several years, Warren Buffett, the billionaire investor, has decided to acquire one of United States’ largest freight railway firms, Burlington Northern Santa Fe (BNSF), for $34 bn. Berkshire Hathaway INC., the company […]

How many real oil barrels do you see here? The UAE wants you to believe there are 3. But only 1 is real, they made up the other 2. MERLIN FLOWER | 2009/11/05 Can fiction masquerade itself as fact? Well, there’s a case study at hand-OPEC and its reserves. OPEC’s crude oil reserves grew by […]