Its been sometime since our last Oil overview (All about Oil, October 2004). Lets wrap up Oil Wednesday (Alternate title: We’ve Gone Oil Crazy!) with an overview of today’s info:
All about Oil (XOI chart)
Curious as to how oil companies have done over the past 2 years?
Oil Demand versus Capacity
As Demand has grown, Capacity (Supply) has remained the same. Thats the textbook formula for higher prices
Oil’s Lesser Role? Its all Relative
Its not the 1970s. But Oil is still a huge part of our economy
Wal-Mart versus Oil Prices
As Oil reached multi-year highs, Wal-Mart’s stock has tumbled to multi-year lows. That’s no coincidence
China’s Thirst for Oil (and Cancer treatments)
An enormous thirst for cheap oil (especially dirty diesel) in what is rapidly becoming the world’s most polluted nation will create a Bull market for cancer treatments
Capital Spectator & Christian Science Monitor
A very good blog dedicated to economics of oil; Also, several Christian Science Monitor articles that are quite insightful
The Strategic Petroleum Reserve
Its gonna get topped off this Summer (so what?)
Oil Research Resources
If you want to do further research, here’s a good starting point
Hope you found some of this helpful . . .
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