Hubert

Is Invading Venezuela a Good Way Out of an Oil Crisis?

Great idea of Hutchison. Lets get even better. The French invade Algeria, the rest of the Europeans Saudia Arabia the Chinese Iran and the Japanese take Indonesia. Fantastic what genius minds the economy has and how simple the solutions to all problems are.

With the US Treasury Department having such advisors one has to wonder about nothing that happened in the past.

$200 Oil - Who's Going to Pay For It?

Maybe the US will finally start to save energy. Here in Western Europe we have about the same living standard like the US. But while the average US citizen consumes 26 barrels Oil a year, the avergae consumption in Europe is only 12 barrels a year. Cut the consumption in half and the money that has to spend on oil stays the same when the price doubles. Its that simple, basic math.