Though not personally invested in this stock, Chesapeake Energy has always been intriguing to me nonetheless. The more one reads about this company, the more interesting this company becomes. Headed by Aubrey McClendon, Chesapeake Energy is a publicly traded company based in Oklahoma City, Oklahoma, and its financial interests lie mostly in the midwestern United States.… [Read more]
I came across an interesting article yesterday in the Telegraph titled, “Climate change deniers ‘are either extreme free marketeers or conspiracy theorists.” Well, I read that headline with a fair degree of skepticism because it was exactly what I wanted to hear: that climate change deniers, like conspiracy theorists, aren’t quite in touch with reality.
The article was about a scientific paper titled, “NASA faked the moon landing — Therefore (Climate) Science is a Hoax: An Anatomy of the Motivated Rejection of Science,” which is due to be published in a psychology journal. … [Read more]
Part Two: Canada’s New BFF –China!
The last time out, I explained to America why China is such a swell new Canadian ‘Best Forever Friend’. The former Mao men have no compunctions about buying up other countries national resources, whether farm land in Africa or scoring an ever-greater stake in the gift that keeps in giving, the Alberta Oil Sands.… [Read more]
The Ballad of Canada’s Oil Patch (with apologies to the sainted Lester Flatt and Earl Scruggs, and all fans of an old ’60s fave, ‘The Beverly Hillbillies’)
- Tell ya little story ‘bout a man named Steve
- Canada’s Prime Minister, the best you can believe!
- He lived the dream of a true North strong and free,
- Selling crude to the Yanks for a whopping royalty!
It seems bizarre that one industry, centered exclusively in one region, could drive national policy – economic, environmental, and social – in a country as large and regionally diverse as Canada. But that is exactly what is happening. If there is one unifying theme to the Harper Government’s ‘Omnibus Budget Bill’ C-38, it is the expansion of the Alberta tar sands (please don’t be fooled by their misleading re-branding as oil sands – the resource is thick, dirty bitumen, not like crude oil from conventional oil wells).… [Read more]