Oil

Paul Summerville • March 9, 2013

Commentary on the eureka moment, cutting a deal with Iran, the struggle for democracy in Iran, the Muslim brotherhood loses its appeal, take your oil and shove it, different days, and Canada’s thought police.

Rewarding genius.

Financial Times -- Those eureka ideas
Life science prize is welcome but could be more ambitious.

More for more.

Paul Summerville • February 12, 2013

Commentary on Italy’s tribal fascism, the surprise resignation, 25 reasons we are better off today compared to the 1970s, North Korea’s third nuclear test, fewer fries with that, will economics evolve, and send Alberta oil east.

Mussolini’s moment.  (note – author Richard Evans is the world’s leading scholar on the Third Reich)

Paul Summerville • January 11, 2013

Commentary on oil in Africa, the end of independent central banks, Mexico’s terrible lost war, how the game of Monopoly helped Allied prisoner of war escapees get home, some thoughts on the global economy in 2013, the French and the Russians, and why Idle No More has legs.

Ghana’s oil future, Norway or Nigeria?

Paul Summerville • December 17, 2012

Commentary on Canada’s oil price discount, why Canada is a good place to export natural gas to Asia, how Canada stacks up to the US, and Tom Mulcair's focus.

Pipeline suffocation and lack of strategy creates huge price differential for Canadian oil.

Paul Summerville • April 11, 2012

Commentary on the impact of futures trading on oil prices, nice thoughts about Japan, Christianity goes global, European banks new challenge, complicated relations, and Andrew Coyne asks how Canadians should respond to the Conservatives big F35 whopper.

There is a rising argument against allowing options trading for profit in oil.

Paul Summerville • March 27, 2012

More oil shocks to come.

Financial Times -- Prepare for a new era of oil shocks
Oil prices are up.
 

Paul Summerville • March 22, 2012

Commentary on death of dreaming, living in Syria, bonds, tracking down whistle blowers, Myanmar opening, the power of doing things over and over, the good energy news for Americans, the barter economy, and Andrew suggests leaving it alone.

Death of Salesman more relevant than when first shown in 1949 as it may apply to an entire country.

Economist -- We are all salesmen now
Arthur Miller’s classic play feels more relevant than ever.

Paul Summerville • March 13, 2012

Commentary on unequal outcomes, the energy gap, extemporaneous, Chinese history lessons, accepting the consequences of your actions, and the civility gap in modern politics.

Unbalanced outcomes.

The Globalist -- The Future of Capitalism: How to Cope With Market Failures?
Dramatically higher income inequality. Unsustainably high unemployment.

Related.

Paul Summerville • March 1, 2012

Commentary on investing, balancing Euro news and rising oil prices, revamping Ontario’s tax gifts for business, writing for a living, going backwards, the Chinese middle income trap, Goldman Sachs Japan workers unionise, and John Ivison's strange ask.

Richard Berstein on why credit deflation makes the ‘risk-on’ trade better to be off.

Paul Summerville • February 29, 2012

Commentary on climate change, being a landlord, why gas prices are rising, everything you wanted to know about chastity belts, what to do about unequal outcomes, and the dangers of robogate.

Just the facts.

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Twin Virtues: Inequality of Outcomes & Equality of Opportunity©

LimeSpot: Own Your Experience.

Leveraging Social Networks for Profit.
 
Marrying the product portfolio of brand name firms with the personal profile information on Facebook.
 
The LimeSpot enabled revolutionary new sales channel.
 
Ultimately, the most successful societies find the balance between the twin virtues of inequality of outcomes and equality of opportunity.
 
The new politics must marry the twin virtues of unequal outcomes and equality of opportunity.
 
When too few get too much everybody ends up with less.
 
Can it be that striving for equality of opportunity however imperfect the process not only benefits the individual but also creates benefits for the society as a whole that are unintended but wonderful?
 
Economics must be a 'moral enterprise' as much as politics claims to be. Economic outcomes need to be framed in terms of right and wrong not just efficiency if only because these often align in surprising ways.
 
My vision of Canada is that any Canadian child from a family of limited circumstance can expect to have a chance at lifetime of unlimited opportunities.
 
Tax policy should be founded on the principle of generating steady tax revenues sufficient to maximise environmentally sustainable economic growth in order to fund fair government.
 
Public policy should be designed to decrease inequality before the law and increase equality of opportunity.
 
Capitalism is not the problem; the problem is what we do with capitalism.
 
Content is always more difficult to argue than conspiracy.
 
Let the state regulate and the market operate (most things).
 
Welfare strategies are best designed as a hand up not as a hand out.
 
Political debate should not be fact free fighting.
 
Explanation lasts longer than eloquence.
 
Always favour empowerment over dependency.
 
The most enduring public figures are embraced for the causes they fought for and not the concept of themselves they hoped others would remember them by.
 
Find your voice and don't be the echo of somebody else.