Monthly Archives: March, 2024
Super Tankers Booked for Venezuelan Oil Stuck for Months
Alex Longley, Lucia Kassai, and Alaric Nightingale of Bloomberg report how tankers booked for Venezuelan oil have now been stuck for months, racking up...
Investors Are Fat, Dumb, and Stupid
Let’s imagine it’s 1999. You’re about to retire. You had a good career. And like anyone else invested in stocks, you’ve had a good...
U.S. Producing More Oil and Gas than Any Nation Ever
David Blackmon of The Telegraph reports that the US is producing more oil and gas than any nation ever has. He writes:
The US Energy...
China Goes Head-to-Head With U.S. Over EV Subsidies
Sha Hua of The Wall Street Journal reports that Beijing is challenging the Biden administration’s Inflation Reduction Act, which it calls discriminatory. Hua writes:
China filed...
Crude Oil Could Hit $100 a Barrel
Alex Longley and Josyana Joshua of Bloomberg report oil prices pared their declines as U.S. crude inventories rose less than expected. They write:
Oil pared declines as US...