Our View

Reuters' Utter Economic BS

Reuters has published an item titled “Why today’s economy can handle oil at $100 a barrel or higher.” [see https://tinyurl.com/4fd9k89d]. It is utter BS. Read more here.

Oil, Natural Gas, and Coal Expenditures as % of OECD GDP

The graph reflects the impact of the current energy price crisis. More.

Anniversary and Repeat (October 18, 2021) -- Economic forecasters underestimated the effect of the 1973 embargo, which began precisely forty-eight years ago. They are making the same mistake today.

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