Closeup of American flag on plain background

The AMERICAN WAY is BROKEN

I’m talking about our debt.  You know — the debt ceiling that needs to be raised in order for the federal government to continue operating as usual. It’s BROKEN. I don’t care what you say, you won’t change my mind! After the chief clown in charge’s wife got done swapping spit with the vice-clown’s husband…

Will OPEC+ have a change of heart?

A robust rebound in China’s oil demand this year may lead to the OPEC+ group reconsidering its production targets and quotas.  China’s reopening is putting upward pressure on global oil demand, and half of this year’s demand growth is set to come from the Chinese growth in consumption.   In case of a strong rebound in…

wti-test-75-flawlessly

WTI tests $75 flawlessly . . .

Last March when Russia invaded Ukraine, we anticipated seeing triple-digit barrel prices for years to come… but that hasn’t been the case. Yes, we certainly got an initial jump — which is to be expected when an “unknown” exists. However, we’re trading well below peak prices. Not only below peak prices, but we’re now trading…