In 1938, Mexico nationalized its oil industry, taking over all aspects from production to final distribution. This ban on ownership by foreign companies continues today; however, changes are underway.
Under the leadership of Mexico’s new president, there is a growing desire and need for the knowledge and technical skills developed by foreign companies, many of which are U.S.-based, to stem … Read More
Oil prices are heading higher on the chart with the cash West Texas Intermediate (WTI) crude rallying back toward the $100.00 level after threatening to test $90.00.
Steady economic signs in the United States, China, and Japan—the three largest economies in the world—along with some muted growth in the eurozone and Europe are adding some spark to the oil futures… … Read More
One of the most amazing things occurred the other day: a former Federal Reserve official … Read More
As everyone is celebrating the market at record highs, another record was just broken and … Read More
The easy money will continue to be pumped into the economy by the Federal Reserve, … Read More
As most readers know, I have been calling for a reduction in the Federal Reserve’s … Read More