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west texas intermediate

Oil Prices: What Goes Around Comes Around (tags)


Plummeting Oil Prices (tags)


Market Euphoria: The Mother of All Ponzi Schemes (tags)


Going Viral: Moors' Law for Oil says $7 a gallon gasoline in '17 (tags)

Moore's Law for transistor count is ending, but now there's Moors' Law for oil and it says gasoline -- US national average -- will be $7 in 2017 as oil reaches $120 a barrel. The law is named for Kent Moors, a professor Duquesne U. Specifically, the price of oil and the number of cars in China, which drives it, double every 5 years. These murderous prices change everything in society.

America Replicating Japan (tags)

stagnation here like Japan

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