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  • Given its abundance of natural resources and the recent growth in domestic energy production, the United States is in a position to export far more energy than American trade laws currently allow. Free trade is imperative to a free society, as it fosters...

  • Peak Oil Review
    via vantagewire

    Quote of the Week “”The industry is under so much pressure that you need to have a clear plan. You need to balance capital expenditure against production. Our capex in 2015 will be around 30 percent lower than in 2014.” BG Group CEO Helge Lund [Q: how...

  • Last week, in the global currency war’s latest escalation, Kazakhstan instituted a free float for the tenge. The currency immediately plunged by some 25%. The rationale behind the move was clear enough. The plunge in crude prices along with the relative...

  • Global Economic Perspective: December
    via beyondbullsandbears

    Christopher Molumphy Michael Materasso Roger Bayston Michael Hasenstab John Beck Federal Reserve Points Cautiously toward Rate Rise With 321,000 jobs added, the initial US nonfarm payroll report for November was much stronger than markets expected...

  • Bulgaria's economy showed few signs of a sustained recovery in 2013, says EBRD’s latest Regional Economics Prospects report. Export performance continued to improve but weak internal demand means that growth in 2013 is likely to have been slightly...

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