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Jad Mouawad

The Oil Patch Vaudeville Act

Raymond J. Learsy | Posted 04.30.2009 | Business


Raymond J. Learsy

The current oil price of $52 per barrel reflects an increase of 400% from one decade ago. What else in your day to day experience has gone up that steeply in the past 10 years? Think about it.

OPEC's "Noble Cause"

Raymond J. Learsy | Posted 04.01.2009 | Business


Raymond J. Learsy

OPEC announced today an additional production cut of more than 2 million barrels/day. And surprise, surprise: the price of oil fell by some three dollars a barrel. Sic Transit gloria!