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.

America's Energy Policy: Coming to Terms with Reality

Please clarify, is Mr. Picerno's article insinuating the environmentalist movement has been hoarding select sacred mushroom crops for the pleasures of the political class and for the benefit of unidentified lobbyists. . . or has the US Congress just been functioning in such a manner for the last generation?