From today's Casey Daily Dispatch:
"The Macondo prospect, located off the coast of Louisiana in the Gulf of Mexico, was home to the Deepwater Horizon drilling rig explosion. The oil reservoir that Macondo was supposed to tap held about 50 million barrels of recoverable oil. The world burns through 84 million barrels of oil every single day. That means the oil extracted from Macondo would have supplied global oil demand for less than 15 hours. All that effort to produce just 15 hours' worth of oil!"
Tuesday, January 15, 2013
Broken Money
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
-
In light of my previous post, here's what I'm thinking: buy some GLD $180 calls that expire 3/16/13. Right now, you can get them fo...
-
The subtitle is Why Our Financial System is Failing Us and How We Can Make it Better , and the author is Lyn Alden (2023). I feel like I hav...
-
When it comes to understanding what's going on in the world -- and, by that, I mean the real facts and actual implications, rather than ...