Tag: oil

  • Saudi Oil and the US dollar

    Last week the dollar began to recover in value as the Bush administration finally├é┬ástarted making serious noise about a strong dollar policy. Now, right on the heels of that display, the Saudis finally agree to up production. Both events were a bit long in coming, at least relative to the reasons stated by each party. […]

  • Supply and demand in the Middle East

    In the continuing interest of figuring out what in God’s name is going on with the price increases in oil, I did a little research on the US Government’s Energy Information Administration website, which apparently exists. (I suppose it may be an inexorable fact that governments continue expanding until beaurocracies are created to represent all […]