Many economies around the world are running out of oil, but the crude oil markets (particularly the futures) are still drumming along with some higher prices and the inconvenience of the Strait of Hormuz being closed. Why haven’t crude oil markets seized up? What is it That Keeps Oil Markets Flowing? When U.S. and Israeli […]
THE SUPPLY CHAIN IMPACT FROM THE IRAN WAR VOL3 Read More »
The third Gulf War has been going on for over two months, and although a ceasefire has been agreed to, shots are still being exchanged by both sides. When it will all end is too uncertain for now, but what would happen with the price of oil if and when it does finally end? Here
THE SUPPLY CHAIN IMPACT FROM THE IRAN WAR VOL2 Read More »
In the next several blogs we’ll take a closer look behind the consequences of the 2026 Iran War, and the economic fallout that is taking place that does not make headlines. The first volume is a broad look at the course of events that brought us where we are today. Scope: The war began with
THE SUPPLY CHAIN IMPACT FROM THE IRAN WAR, VOL 1 Read More »
The Persian Gulf is bordered on both sides by countries that export about 25% of the worlds crude oil and 20% of the world’s liquified natural gas (LNG). What’s more, the two sides don’t always get along with each other: Iran is about 95% Shia Muslim and the Arabian countries (except for Bahrain and Iraq)
ISSUES PERTAINING TO THE STRAIT OF HORMUZ Read More »
When Donald Trump forced regime change on Venezuela by removing and arresting their president, Nicholas Maduro, and seizing control over their petroleum industry, he aimed to “run” the industry in order to straighten out all its problems. Sounds like a noble cause considering the condition the industry was in, but what’s the cost going to
WHAT TO DO ABOUT VENEZUELAN OIL Read More »
The Enron scandal in 2001 became the largest corporate bankruptcy in U.S. history. It featured a loophole in the accounting principles that allowed corporations to maintain entities off their consolidated books as long as the parent company owned less than 50% of the entity and the entity was adequately capitalized. A clever but crooked financial
In 1829 a wagon train led by the Spanish merchant Antonio Armijo was traveling to Los Angeles to establish a trade route and took a rest break in what is now Southern Nevada. Since that time a regular stream of growth began in the area, slow at first, but then increasing to the point where
THE GROWTH OF LAS VEGAS’S ECONOMY Read More »
This is the second part of a previous blog from a couple of years ago explaining the fundamentals of short selling. With this we are going deeper into tools available for technical analysis required for good short selling. How Does a Short Sale Work? A short sale of securities takes place when the investor sells
THE ART OF THE SHORT SALE PART II Read More »
In the year 400 BC, the city state of Athens levied taxes on grains and other products brought to them from other regions through the port of Piraeus. This constituted the first known usage of tariffs to raise revenues for a government. The Athenians went a step further and blocked all other entry points, requiring
THE MAIN FUNCTION OF TARIFFS Read More »
Saudi Arabia is often looked at as a vast desert that contains a major religious center and a huge amount of oil. Formerly sold to industrialized countries in crude form, the country has gradually taken over the entire industry by replacing most workers with Saudi nationals. Nowadays the products sold are not only crude oil,
IS SAUDI ARABIA TURNING GREEN? Read More »