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Olduvai III: Catacylsm
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Arthur Berman: Why The Price Of Oil Must Rise

Arthur Berman: Why The Price Of Oil Must Rise Why a supply shock is inevitable Geologist Arthur Berman explains why today’s low oil prices are not here to stay, something investors and consumers alike should be very aware of. The crazy-low prices we’re currently experiencing are due to an oversupply created by geopolitics and (historic) […]

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Oil Shocks And The Global Economy

Oil Shocks And The Global Economy. Here I re-tread a well-trodden path, but with recent events in the oil market I thought a brief recap might be timely. I begin with a photographic illustration of a typical US demand response to the tripling of oil prices that occurred during the first “oil shock” in 1974: […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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