Here is another perspective of inventory levels from the EIA: (http://www.eia.gov/todayinenergy/detail.cfm?id=24832#) And here are the price
Is this the bottom?
Yes, crude was up sharply today: And many point to a weakened dollar as to one reason why: (Price charts, by the way, are from
Few boom cycles are left for the oil industry, Houston Chronicle
Chris Tomlinson argues that some day "boom" won't follow "bust" in oil
PDVSA Imports US Crude… Bloomberg
For blending purposes: "PDVSA, as the Caracas-based company is known, uses imported lighter crude to blend with heavier crude that it produces. In
10 Investment Rules…
From Lance Roberts, 10 Investment Rules from Investing Legends: http://realinvestmentadvice.com/10-investment-rules-from-investing-legends/ I'm a
For Once, Low Oil Prices May Be a Problem for World’s Economy, Bloomberg…
An excellent article from Javier Blas and Simon Kennedy at
Are U.S. Stocks Overvalued?
There are a million stories like this, but this is simple, short and good: http://blogs.piie.com/realtime/?p=5367 by Olivier Blanchard and Joseph E.
“One of the largest transfers of wealth”… Bloomberg, via Yahoo…
Yes, the wealth transfer is from the concentrated to the many... The bad news is well reported and up front, the good news is unfolding... Here is a
Oil Price Poker, WSJ
From today's Wall Street Journal, http://www.wsj.com/articles/oil-price-poker-why-the-saudis-wont-fold-em-1454270904 "Unlike governments, there is no