Interview with Financial Sense 5-12-11

May 12, 2011 at 10:00 am
Contributed by: Chris

I appeared on the Financial Sense with Jim Puplava program this week, to discuss the latest data on oil supply and demand; the question of whether Saudi Arabia tried to make up for Libyan production or not; the state of the US economy and our pain tolerance limits on gasoline prices; the volatility of oil prices and the role of speculators; Japan’s cancellation of its plans for new nuclear power plants; the outlook for renewables; China’s economic growth and the shifting of global oil demand from West to East; and the data on production from Brazil’s Tupi field. Simply: world commodity markets are tight and we are seeing the fireworks that should be expected in that situation.

You can download the show (18 mins) here: RealPlayerWinAmpWindows MediaMP3

 

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