The Value of Alaskan oil.

Today marked an interesting day in the Oil Economy. First, Oil hit an all time intra-day high of $56.60. Second, the US Senate rejected, by the slimmest of margins (51-49), a motion to halt the approval of development of the oil rich ANWR area of Alaska. Proponents of developing ANWR love to say that it …

Macleans on fragile US Economy

Macleans is running an article about the current unsustainable fiscal policy in the US. I originally saw this on Bound By Gravity. He’s asking for some comment from any economists or others with a different point of view. Please go visit if you’d like to comment. Udpated 2 times You may look at that headline …