First, we have to understand some of the history and makeup of the commodity. In North America, from time immemorial, the Indians in the Western Allegheny area had skimmed oil seepage off the surface of the water and used it as a medicine. The settlers called it ‘Seneca oil’ after the local tribe and used… Continue reading The Global Implications of Oil Price Renormalization (Part 1)
Thoughts & Musings from James McNiven
Old Professor by the Sea 