Mon 2008-07-07 00:00 EDT
"government spending expansion, regardless of the form, will tend to raise the marginal utility of goods and services while lowering the marginal utility of government liabilities.", hence encouraging inflation
2008; 60 oil; Hussman Funds; Inflation; July 7; likelihood; outlook; weekly market comments.
Fri 2008-07-04 00:00 EDT
"Krugman and Birger are grossly misinformed about the way physical crude is actually priced in the global oil market."
366; Futures Prices Determine Physical Oil Prices; Peak Oil Debunked.
Fri 2008-07-04 00:00 EDT
Secret report: biofuel caused food crisis, by Aditya Chakrabortty | Environment | The Guardian; Biofuels have forced global food prices up by 75% says confidential World Bank report; report suppressed to avoid embarassing President George Bush; over a third of US corn now used to produce ethanol and about half of vegetable oils in the EU going towards the production of biodiesel.
biofuel caused food crisis; environment; Guardian; Secret Report.
Wed 2008-07-02 00:00 EDT
"supply outstripping demand theory of the feverish price action since March s emanating an extremely fish-like odor. U.S. demand down by a whopping 0.8mbd year-on-year."
Mon 2008-06-30 00:00 EDT
skyrocketing oil prices; commodity backwardization; contango
Wed 2008-06-25 00:00 EDT
OPEC threatened oil price increases in 2007 in response to western biofuels development
naked capitalism; Oil; pump; Saudi; sure.
Fri 2008-06-13 00:00 EDT
Fri 2008-06-13 00:00 EDT
oil bubble attributed to fundamentals, falling dollar, Iraqi war
Wed 2008-06-11 00:00 EDT
calling for oil prices to fall soon!
100 Oil; bailed; Billionaire; Countdown; economic populist; hoarding; subsidy.
Wed 2008-06-04 00:00 EDT
Sun 2008-06-01 00:00 EDT
The Great Oil Swindle: How much did the Fed really know? by Mike Whitney; soaring commodity prices "hoax cooked up by the investment banks and hedge funds...trying to dig their way out of the trillion dollar MBS mess", billions of Fed dollars diverted into commodities
