Monthly Archives: June 2010

Oilpocalypse

BP seems to be admitting that it’s in very deep shit. But the general public in the US remains ignorant of the magnitude and likely consequences of the worst oil spill in US history. Worse still, is that the oil … Continue reading

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Oil at $200?

It’s not unthinkable. The Bolivarian regime is almost out of cash, but this could change rapidly. Oil prices could jump, giving President Hugo Chavez an unexpected oil revenue windfall, if war erupts on the Korean Peninsula, if the Gaza crisis … Continue reading

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Chavez Eats the Bear

President Hugo Chavez blames capitalism for Venezuela’s deepening economic crisis. But the Bolivarian Revolution will set things right. One of the “solutions” that Chavez has in mind is expropriating the Polar Group’s assets nationally. “Look at yourself in the mirror … Continue reading

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