The End of Easy Oil

Interesting feature piece from the WSJ on the end of so called easy oil – that is oil of usable quality that simply gushed out of the ground. No one suggests that the Gulf nations are running out of oil. Heavy oil, although difficult to pump, is abundant. The Middle East alone is believed to…

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Dow

Given that markets will open tomorrow because of the somewhat obvious fact that the world did not end it is worth looking at the Dow from two different perspectives. As you can see from the chart below the long term trend of the Dow is roughly intact. You can see that I am not a…

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Did I Miss Anything?

I must have slept through armageddon either that or it didnt happen. This entire little event that gained far more oxygen than it was worthy of proved that humans are fundamental irrational and that those with imaginary friends are even more irrational. In any sane and compassionate society anyone who claims to have voices in…

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