From the category archives:
“Saudi Arabia isn’t just running out of oil — it’s running out of water. So is the whole region.” So explains Jeff Rubin in his latest book, Why Your World Is About To Get A Whole Lot Smaller (2009) (read my review of Jeff Rubin here).
If you thought it was bad enough to see the [...]
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OPEC (Organization of the Petroleum Exporting Countries) was created in Baghdad in 1960 as an intergovernmental organization with 5 founding members: Iran, Iraq, Kuwait, Saudi Arabia and Venezuela. Since then, other members have come and gone, including Qatar, Ecuador, Indonesia, UAE, Algeria, Nigeria, Angola, and Gabon.
According to OPEC’s site, “OPEC’s objective is to co-ordinate and [...]
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According to Jeff Rubin, in his book Why Your World Is About To Get A Whole Lot Smaller (2009) (read my review of Jeff Rubin here), the U.S. is two-thirds dependent upon foreign oil sources. That means roughly 66% of its oil usage comes from other countries. Do you know which ones? I’ll tell you [...]
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You’ve heard of peak oil theory and have a vague idea of what it is, and you know much of the world economy runs on oil, but how specific is your knowledge? If you invest in individual oil stocks/trusts as I do, you’ll want to know as much as you can about the oil industry. [...]
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Are you liking the new frugality trend? Get used to it. Frugality is “in” and here to stay - but not because the U.S. housing and credit markets collapsed and 30% of everyone’s savings have disappeared. According to Jeff Rubin, ex-senior economist at CIBC World Markets, the growing scarcity in the world’s fossil fuels supply [...]
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This is the lowest day on record for the price of oil since, well, a long time now… it went up to about $147 in June/July of 2008, and it’s dropped over $100. No one could have imagined that back in the summer when all the papers could print were big scary images of “pain [...]
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If you’re a U.S. citizen and you’ve been wanting to get into the Canadian markets but things were too expensive a year ago, or maybe you just don’t know enough about what’s available, I’ve got good news for you! This is a list of five income trusts that trade on the NYSE and which are [...]
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