reduced oil consumption

• The New Price Era of Oil & Gold

  By Gregor Macdonald  |  November 23, 2011

  In the new oil cycle, a debt crisis is no longer solvable with growth. Devaluation or jubilee are the only options. The loss to society will be borne most directly by those who hold sovereign debt as their savings. The time of containment is over.

• Weekly Crude Oil Report: Feb. 2, 2010

  By Jeremy Ascher  |  February 2, 2010

  Crude oil prices fell for a third week in a row last week, reaching new lows for the year at $72.43 while posting the first monthly loss since July.