Tag Archives: oil

Expensive Oil’s Upside

The Chief Economist and Chief Strategist for Canada’s CICB World Markets has released a free report that discusses the future of globalization in a world of rapidly increasing transportation fuel costs. When energy costs were low, it made economic sense to take manufacturing jobs to wherever labor is cheapest, but when the cost of shipping  Read more »

Keeping Oil Prices in Perspective

There was plenty of news this morning about overnight trading of oil futures nearing $100.00 USD a barrel for December delivery of US Light Crude.  It was not a shock to me because of various trends that have been clear for weeks.  What was surprising to me was how the US media portrayed causes for  Read more »