rbblum

World Oil Snapshot: Big Picture and Investable Advice

Oil men don't give a damn whether the billions they pay in royalties and taxes are wasted.

Perhaps . . . but oil men of the United States are also not going to be caught flat-footed and have the real possibility of revised US tax laws and regulations wantonly rape and pillage their bank accounts either. Already relocating to Zug, Switzerland has been Noble Corp, Transocean, Foster Wheeler and Weatherford International. And as the national deficit climbs to a more unsustainable level coupled with the value of the US dollar drifting lower, time will determine whether the class warfare in America continues and the companies of the oil energy sector will be huge targets of our current administration and congress; thus, increasing the incentive to move on . . . from US shores to a friendlier territory.

An Energy Policy That Makes Sense, Revisited

Michael Fitzsimmon's article (The Energy Policy That Makes Sense) is so sensible it is overlooking all the aspects within the US that is completely mixed up.

The Hall of Famers from the athletic world should be leading corporate America to compete in the golbal marketplace; High school dropouts who became multi-million dollar entrepreneurs should be running the US government and the federal agencies; whereas, the political class should be promoted to the American educational system beginning with the oversight of pre-schoolers.

California's Fuel-Efficiency Battle and Peak Oil

The rhetorical question (Why is it that US policy makers are always years behind the Europeans?) would be laughable if it weren't so sad as well as a historical disgrace . . . the political class placing their interests just one step ahead of the lobbyists and way ahead of their constituents - assuming they admit there is a constituency.