Oil prices rose today, even after OPEC failed to come to an agreement to lower production; Russia promised to increase output; oil workers stopped striking after several days in Kuwait; and inventories increased in the United States. 3 Possible Explanations… Read More ›
oil
Ford has figured out how to make coin-holder out of $400 in shredded U.S. currency
Yahoo Finance reports in this video that Ford is creating non-oil based plastics out of interesting materials: dandelions; stuff left over from manufacturing Ketchup; and shredded U.S. currency. Specifically, $400 worth of old currency, that would have been destined for… Read More ›
Oilman: Oil Prices Will Go Up
Reuters reports that oilman T. Boone Pickens reports that oil prices will go up to $100 a barrel by 2016. This revises earlier comments he made that it would reach that price this year. 3 Sarcastic Comments About This Story… Read More ›
Like A Bridge Over Troubled Fodder
The National Post reports that the City of Calgary, Alberta has spent $5.9 million on a pedestrian bridge that is about 10 to 12.5 centimetres to short to put on the abutments built to support it. 3 Solutions We Wonder… Read More ›
Billionaire Oilman’s Ex-Wife Cashes $975 Million Divorce Settlement Check
The Wall Street Journal reports that the ex-wife of billionaire oilman, Harold Hamm, has cashed a divorce-settlement check worth about $975 million. Cashing the check, according to the oilman’s lawyer, results in her losing her right to appeal for even… Read More ›