My Dad owned three gas stations when I was a kid. My first job was working in his gas stations during my teens through both OPEC oil embargos in 1973 and 1979. Those were OPEC induced oil shortages, for political reasons. Let’s be clear: we do not currently have a shortage of crude oil in … Read more
Inflation is being driven by certain sectors of the economy, for the purposes of this post, we will look at energy costs. The U.S. Energy Information Administration says “Crude oil prices are determined by global supply and demand,” rather than supplies available in localized or regional markets. Importantly, “Geopolitical events and severe weather that disrupt … Read more
Oh no he didn’t … but of course he did. Trump tweets a meme of himself fiddling, drawing a comparison to Roman emperor Nero: President Trump looked serene as he rested the left side of his face against the violin. The meme showed him with his eyes closed and seemingly relaxed playing the string instrument … Read more