Economy
Crushing The U.S. Energy Export Dream
Exporting crude oil and natural gas from the United States are among the dumbest energy ideas of all time. Exporting gas is dumb. Exporting oil ……Read More
Business
Economy
Oil Price Collapse Hurting Some More Than Others
U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending ……Read More
Markets
Stock Market Headwinds
In a recent posting, I looked at how demographic changes in the United States would have a long-term impact on housing prices. As baby boomers ……Read More
Markets
Switzerland National Bank’s Negative Interest Rates A Desperate Measure
Switzerland National Bank's (SNB) recent announcement that they were allowing the value of the Swiss franc to float upwards against the euro, discontinuing the ceiling exchange ……Read More
Markets
Why Did the Swiss National Bank Unpeg the Swiss Franc?
The announcement that the Swiss National Bank (SNB) was allowing the Swiss franc to "readjust" in value took the market by storm. Switzerland had long ……Read More
Economy
The World’s Oil Market and How History Repeats Itself
As a petroleum geoscientist, I can quite clearly remember the downturns in the oil industry over the last three decades. One of the worst occurred ……Read More