So, for about the next three weeks I'll be very busy finishing up a compressed Biology class, so the posts are going to be few and far between. But I do intend to add some more functionality to the site (which requires much less time than fact checking my posts). So for the most part I'm just going to post some links to news I'm following.

For instance...

China could be facing their own economic beast from the post peak oil world, but their government price controls hide but do not solve the higher energy prices. This is similar to what I explained earlier how the “Gas Tax Holiday” is form of corporate welfare that hides actual market prices. In China this is a similar reaction that keeps pump prices low with money taken from the governments tax budget. This leads to monetary devaluation and market inflation.

also... Read more...

    I don't want this to be specifically, politically critical here, but this “Gas Tax Holiday” is an utter load of bullshit. So it is impossible for me to avoid going out and advising anyone and everyone against this “bread and circuses”, “corporate welfare” plan. Putting it simply, Hillary Clinton and John McCain somehow think it is OK not to collect roughly 20 cents worth of taxes on every gallon of refined petroleum. They say the savings would be passed on to the consumer.

    This is blatant misdirection.

    The only people who have anything to gain from this are the oil companies who will be able to sell more gasoline and diesel over the summer than normally without cutting their profit margins. Read more...