Why Hasn't Oil Hit $150 (Yet)?

Germany's Debt Spiral: Bundesbank Chief Breaks Silence Submitted by Thomas Kolbe It’s not every day that top officials of the German Bundesbank take an explicit stance on daily politics. Nagel’s stark warnings about Germany’s debt and the government’s creative accounting were surely met with grim recognition in Berlin’s corridors of power. Open criticism is rare there, and when it comes from credible insiders, it stings even more. Bundesbank President Joachim Nagel  Chancellor Friedrich Merz and his Finance Minister Lars Klingbeil apparently still believe the fairy tale that debt-fueled demand policy can create economic miracles,...

Iraq Negotiates With Iran To Reopen Vital Oil Shipping Route Authored by Tsvetana Paraskova via OilPrice.com, The federal Iraqi government is in contact with Iran to persuade Tehran to allow some Iraqi oil tankers to pass through the Strait of Hormuz, Iraq’s Oil Minister Hayyan Abdul Ghani said on Tuesday.  “There is communication with Iran regarding allowing the passage of some Iraqi oil tankers,” the minister said in statements carried by the Iraqi News Agency (INA).  Iraq, unlike Saudi Arabia and the United Arab Emirates (UAE), doesn’t have any options – even partial – to...

Chief Justice Roberts Has No Spine Authored by J.B. Shurk via American Thinker, He’s a judicial pimp who pragmatically defends the Establishment’s bottom line. I do not like Chief Justice John Roberts.  I think his loyalties lie more with defending the entrenched powers of the political Establishment than with defending the Constitution of the United States.  I find his jurisprudence squishy.  Although his decisions could be described as advancing, more often than not, conservative viewpoints, Roberts does not seem to have a consistent philosophy guiding his opinions. Roberts is a pragmatist.  He surveys the mood of the country and...