Tehran Bomb Threats – China To The Rescue?

(Op-Ed) It seems rather unlikely that China would stand idly by and see Iran bombed ‘for the good of humanity’ and other strange reasons advanced from the deep and dark recesses of Washington think tanks.

Another 10 years of high oil prices?

Talk to traders about oil prices and they only look a few months ahead. But a new book from George Soros’ former colleague Jim Rogers, ‘Hot Commodities’ points to a much more long-term outlook, and the news for oil is very good.

When oil peaks …

Fertilizer, DVDs, rubber, cheap flights, plastics and metals. None of these things have anything in common, right? Think again. An ingredient in all of them, in one form or another, is oil.

US: Which Airline Will Not Survive?

So far, of the five major U.S. airlines that had reported earnings as of yesterday–American Airlines, Delta, Continental, Northwest Airlines and Southwest Airlines, –only Southwest posted a profit.

State of Hopelessness

An impoverished American middle class will no longer be able to afford theme park vacations and the airlines that used to shuttle them down to Florida will be out-of-business. The new theme in 21st century America will be staying where you are

Deffeyes on Current Events

My interpretation is that the uptick [in world oil production] is part of the normal up-and-down jitter in the production curve. Worldwide, there have not been major discoveries or innovations that would put a permanent dogleg in the long-term trend.