There is one chart that should deeply concern most Americans and the U.S. Federal Government. While most analysts and economists are concerned about the rising U.S. Debt to GDP or the skyrocketing Public Debt, there is another indicator that is far more worrisome. Unfortunately, I haven’t seen one economist…
Conspiracy theories, especially lousy ones, grab the attention of a lot of people. So, if you want to acquire a lot of followers while making a nice buck doing so, then it pays to continue regurgitating the “GRAND CONSPIRACY” mantra. I see this everywhere in the Alt-Media. And, it…
U.S. crude oil production experienced a surprising drop last week, even though domestic demand for oil and petroleum products increased. This came as a surprise to some energy analysts. Furthermore, the IEA, International Energy Agency came out with a forecast for global oil demand to fall 8.1 million barrels per…
The global contagion that negatively impacted the oil industry couldn’t have come at a worse time for ExxonMobil. After the company increased its long term debt by $12 billion over the last year, ExxonMobil may have to borrow even more money to continue paying dividends and capital expenditures (CAPEX). The…
It’s a shame that the drive for U.S Energy Independence only lasted for about a year. Even worse, U.S. Shale Oil Industry responsible for the country’s energy independence is now in serious trouble as the companies have cut drilling by 75% while they are drowning in debt up to the…
How can an electric car be called “Green” when it contains more than 700 pounds of plastic?? Electric vehicle (EV) manufacturers are using more plastic to lower the weight of the car due to the massive battery used, weighing more than 1,000 pounds. Unfortunately, plastic is still made from petrochemicals,…