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Land of Black Gold Latest Posts
Boone Pickens from Milken.
Infectious Greed: Great T. Boone Pickens Interview from Milken. Read more...
Published 3 days ago
Bizarro Headline of the Day.
Amidst all of the noise, it's easy to forget that the US continues to be one of the world's largest exporters. The strong dollar policy is paying off, and this may be the reason we're not in a full blown recession.The Wall Street Journal: Container Shortage Frustrates U.S.... Read more...
Published 4 days ago
What's going on with oil?
Seeing CNBC with features on oil all throughout the day makes me nervous we may be at a short term top. But what's going on with oil?Everybody suddenly realized just how valuable it is.CNBC: What's Going on With Oil? Read more...
Published 4 days ago
For Hillary - Stand Down Margaret.
Written originally for a woman of a diametrically opposed political view, I'd like to dedicate this song to Hillary Clinton. She may not be ready to give in, and her opponent Obama doesn't appear quite ready for prime time either, but Hillary is done, as I thought back in December she might be. Read more...
Published 5 days ago
Goldman Sachs Gone Wild!
CNBC: Goldman: Natural Gas Crunch Possible This Winter.Goldman Sachs: $100 oil reality, part 2: Has the super-spike end game begun?[Otherwise known as the $150-200 Oil Report.] Read more...
Published 5 days ago
He's back, too.
Eric Bolling used to be on CNBC's Fast Money until FoxNews gave him an offer he apparently couldn't refuse. (A big loss for Fast Money and maybe for Bolling too as litigation kept him offscreen for a while.) He's appearing on Fox now, but since nobody much watches... Anyway, he's now also writing... Read more...
Published 7 days ago
He's back.
The super spike is now moved from $105 to $200. Whoa boy. While U.S. demand is starting to actually fall, it's still rising in China and other places.Bloomberg: Goldman's Murti Says Oil `Likely' to Reach $150-$200.Quotes:Crude oil may rise to between $150 and $200 a barrel within two years as... Read more...
Published 7 days ago
The tide turns, finally.
The New York Times: As Gas Costs Soar, Buyers Flock to Small Cars.Quotes:Soaring gas prices have turned the steady migration by Americans to smaller cars into a stampede.In what industry analysts are calling a first, about one in five vehicles sold in the United States was a compact or subcompact... Read more...
Published 2 weeks ago
Boone Pickens on CNBC.
CNBC: Picken's Next Prediction.Quotes:"The biggest move will come in natural gas, not oil."I'm with ya there, Boone.Bloomberg: Pickens Says Oil Prices May Rise to $150 by Year End. Read more...
Published 2 weeks ago
The scale of the problem.
Submitted by my friend Richard, and via fivecentnickel.com:c|net Green Tech Blog: Can renewable energy make a dent in fossil fuels?Quotes:4.2 billion.That's how many rooftops you'd have to cover with solar panels to displace a cubic mile of oil (CMO), a measure of energy consumption, according to... Read more...
Published 2 weeks ago
Prisoners of the Sun II.
Investor's Business Daily: See Gore, See Spot.Quotes:A former NASA astronaut says the same solar phenomenon that doomed Napoleon's army may soon stop Al Gore's march to glory cold. Prepare for the big chill.Napoleon's retreat from Moscow is a legendary military disaster. While historians and... Read more...
Published 3 weeks ago
An hour with Boone Pickens.
Okay, technically 51:29, but who's counting.. Mr. Pickens talks about oil & energy, but he covers other topics too, and he's a pretty funny guy.A geologist, a savy, seen-it-all businessman, a decent American, he's warning us about our energy situation, and we seem (so far) not to be... Read more...
Published 4 weeks ago