What happened to housing and financial markets over the last decade? To find out, follow the money. According to Yale Professor Robert Shiller's data, the run-up and collapse of U.S.…
As if Greece did not already have enough problems. The market was already jolted by the Goldman SEC case. Then, it was the cloud of volcanic ash from Iceland postponed…
Oil Market Summary for 04/19/2010 to 04/23/2010. After languishing most of the week, crude oil prices galloped to the finish line on Friday, tacking on 1.7% and recouping most of…
The Central State and Financial Plutocracy are bound in a mutually beneficial, highly predatory partnership. The Mainstream Media is missing the Big Story in the SEC/Goldman Sachs filing: the Central…
The government of Saudi Arabia has announced a new section of its capital Riyadh is set to be powered solely by nuclear energy. This will be the first nuclear power…
Olivier Blanchard, chief economist at the International Monetary Fund (IMF), talks with Bloomberg this morning about the prospects for an asset bubble in China. Blanchard, speaking from Washington, also discusses…
Natural gas experts are floundering for answers about the future of the fuel as the growth of shale gas production in the U.S. continues to flummox expectations. A pair of…
Somaliland’s delayed Presidential election is back on track after a period of active foreign interference to manipulate the electoral rolls, and is expected to take place before the end of…
Metals investors globally were cheered this week by good news from Aluminum Corp. of China (A.K.A. Chalco). The aluminum giant swung back into profitability for the first time in a…
I recently highlighted grounds for pessimism about the ease with which the U.S. could significantly change our oil consumption habits. Here I highlight some interesting new research by U.C. Davis…
UK Prime Minister Gordon Brown, who faces a tough re-election battle in next month’s parliamentary vote, hopes his devotion to clean energy will put the wind at his back. Brown…
On April 7, 2010 the President of Kyrgyzstan Kurmanbek Bakiyev fled the capital city of Bishkek that was under a state of emergency after antigovernment protesters started clashing with security…
The recent crisis and instability in Kyrgyzstan, highlighted the fragility of security and the potential weakness of the political systems throughout the region and exposed new dimensions in the conduct…
I wrote yesterday about the importance of tailoring royalties to fit the situation for different oil and gas plays. Today, there's news on an interesting riff on this idea. Tailoring…
The status quo not just incentivizes gaming the system, it has made it the primary way to get ahead in today's economy. Gaming the system is not just encouraged--it has…
Wholesale electricity prices in the U.S. fell by more than half last year, driven largely by a decline of more than 50% in natural gas prices in what looks like…
The recent oil and gas boom has been an education for a lot of people. Including regulators. Designing oil and gas laws is not easy business. Especially when it comes…
Currency, like all forms of abstract value, is based on trust. And trust itself is based - except among the most naïve - on experience, and the repetitive demonstration of…
Crude futures ended at their lowest point this month Friday, as investors fled riskier assets after regulators charged Goldman Sachs with fraud. West Texas Intermediate (WTI) crude for May delivery…
Gold fell the most in two months as the SEC’s action against Goldman Sachs (GS) spurred investors rushing out of riskier commodities and into perceived safer assets such as the…