Archive for July 29th, 2013

Is US Oil Production Topping Out?

According to conventional wisdom the US oil boom is moving the country towards energy independence and even has the Saudis shaking in their boots. Ambrose Evans-Pritchard reported on a dire warning by a leading Saudi businessman today. Saudi Arabia and the Opec oil states must wean their economies off energy exports immediately or spiral into […]

Who’s Supporting Whom For Fed Chairperson

The over-the-top punditry surrounding the choice of the next Fed chairperson is getting tiresome. Nevertheless, if you can’t get enough here’s a scorecard from the WSJ Real Time Economics Blog on who supports either Yellen or Summers. You can see from the tally that Yellen is the overwhelming choice which I take to mean that […]