3. But let's just come back to current markets. First, as I've noted a lot lately, US oil demand is flat for the last 20 years. That's created a lot of wealth for American consumers as efficiency has allowed us to spend less money on gasoline. We don't need more oil production.
January 5, 2026 at 3:36 PM
3. But let's just come back to current markets. First, as I've noted a lot lately, US oil demand is flat for the last 20 years. That's created a lot of wealth for American consumers as efficiency has allowed us to spend less money on gasoline. We don't need more oil production.
A friend’s son was trying to make the case that Biden was banning parts for gas-powered cars. He based this on his experience trying to get parts in 2021. I told him that was because of Covid-induced supply-chain issues. “No, no,” he said. “This was BEFORE Covid!”
January 4, 2026 at 9:40 PM
A friend’s son was trying to make the case that Biden was banning parts for gas-powered cars. He based this on his experience trying to get parts in 2021. I told him that was because of Covid-induced supply-chain issues. “No, no,” he said. “This was BEFORE Covid!”
I listened to it on audiobook when I was driving cross country a few years ago. Then I read it, twice. I learned so much from it that has shaped my thinking and reading interests ever since.
January 4, 2026 at 1:29 PM
I listened to it on audiobook when I was driving cross country a few years ago. Then I read it, twice. I learned so much from it that has shaped my thinking and reading interests ever since.
I was actively invoking it with hourly incantations. “I wonder what Jonathan Katz has to say about this?” “Where is Katz on this invasion?” And “I really need to re-read *Gangsters of Capitalism*” aka “that Smedley Butler book” as I describe it to my spouse.
January 3, 2026 at 11:04 PM
I was actively invoking it with hourly incantations. “I wonder what Jonathan Katz has to say about this?” “Where is Katz on this invasion?” And “I really need to re-read *Gangsters of Capitalism*” aka “that Smedley Butler book” as I describe it to my spouse.