MORE OIL TALK IN TIMES OF LESS OIL

Dear Readers:

First, the Author would like to thank you for visiting the trifle that is the Desert of the Real Economic Analysis Blog. The Author has, with some down periods because of work, sloth, decrepitude and other reasons, been writing this blog for almost three years, an eternity in Moore's Law Years.

The blog started as an investment, economics and finance blog supplementing the Author's Desert of the Real Investment Newsletter. The Investment Letter was subsumed by the blog, however.

The focus of the blog has shifted a bit away from investment to economics and finance. With a little motorcycle and general grunge content thrown in. Lately, posts have addressed oil and the multitude of issues involved in the skyrocketing price and the future outlook for world energy development (of all types).

This trend should continue. First and foremost, the Author wants to make a little money from the rising price of oil. Secondly, he wants to understand what in the heck is going on. And finally, he wishes to share that information and knowledge with his readers.

A JOURNEY OF A THOUSAND MISSTEPS BEGINS WITH THE FIRST STUMBLE IN THE DESERT OF THE REAL!

THE FIFTH OF JULY. THE DAY "PATRIOTS" CAN RETURN TO WHATEVER IT IS THAT THEY DO

This from Ambrose Bierce:

PATRIOT, n.
One to whom the interests of a part seem superior to those of the whole. The dupe of statesmen and the tool of conquerors.

PATRIOTISM, n.
Combustible rubbish read to the torch of any one ambitious to illuminate his name.

In Dr. Johnson's famous dictionary patriotism is defined as the last resort of a scoundrel. With all due respect to an enlightened but inferior lexicographer I beg to submit that it is the first.

AMBROSE BIERCE HAS AN UNMARKED GRAVE IN THE DESERT OF THE REAL!