Posts filed under “War/Defense”

Crude Remains Strong Despite Inventory Build

Light Crude Oil (CL, NYMEX)
Daily Commodity Futures Price Chart: July, 2007

Crud_oil

chart courtesy of TFC Commodity Charts

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Crude closed at $68.86 (August 2007) today — down 68 cents — and the new futures contract starts tomorrow.

Since I have been ranting today — I remain firmly convinced that:

- Energy is not only a matter of economics, but a matter of National Security;
- Subsidies for Oil and Ethanol need to be replaced with subsidies for Solar;
- CAFE standards need to be raised;
- Expedited processing for Nuclear Power plant permits should be issued

I own a V8 (automatic), a straight 6 (6 speed), and a 4 cylinder (5 speed) — so I am the last person to preach we all need to shift to Vespas and biofuels. But its pretty apparent to even a gas hog like  me that we need to do something other than send billions of dollars to terrorist nations each and every single month.

V8

Source: Pat Oliphant via Yahoo!   

Category: Commodities, Energy, Index/ETFs, Psychology, War/Defense

The Return of Geopolitical Risk

Category: Commodities, Energy, Markets, Politics, Psychology, War/Defense

Aim Higher

Category: Financial Press, Politics, War/Defense

Rumsfeld Remembrance

Category: Television, War/Defense

The Angry Yuppies

Category: Economy, Politics, War/Defense

Judging Rummy

Category: Politics, Psychology, War/Defense

US Invasion in Iraq

Category: War/Defense

Our piddlingly tiny Defense Budget

Category: Data Analysis, War/Defense

Outrage!

Category: Politics, War/Defense

9/11 Overdose

Category: Economy, Financial Press, War/Defense