While it is tempting to feel good about sustained low oil prices, are they really a blessing as most believe? STEVE AUSTIN | 2016/09/08 At first sight it appears that low oil prices are good for society. A low oil price helps us save dollars at the pump, acts as an economic catalyst making exchanges […]

An out-of-touch EU leadership and its lethargic response to the migrant crisis and terror attacks planted the seeds of Brexit and encouraged Turkey’s aggressive stance. STEVE AUSTIN | 2016/07/22 We’ve been hearing a lot about Brexit. What is Brexit, by the way? Well, in June a referendum was held in Britain to decide whether the […]

For 54 years the OPEC cartel ensured high oil revenue by restricting how much oil goes on the market. STEVE AUSTIN | 2016/06/20 In an event that went largely unnoticed, we have, in fact, passed the point in human history where OPEC’s key member Saudi Arabia can dictate oil prices any longer. No one seems […]