When people ask me if I think crude oil is going to $50 or $150, I nod sagely and say: “Yes, probably.” I’m not being flip. I’m simply giving both the short-term and the long-term timeframes. Short-term, crude oil is probably heading lower, even though it’s nearly 60% off its highs. The last chance to hold the line on oil prices was at OPEC’s emergency meeting. And the oil cartel choked like a cat on a hairball. They cut 1.5 million barrels per day of production when they needed to cut about 3 million barrels per day. The OPEC meeting was the last obstacle in the way of deflationary forces that are driving oil prices lower in the short-term. Long-term, there are forces that should drive oil much higher. And one of ...

As equities commence the dramatic Autumn slump I've been anticipating in recent weeks, it is uninspiring to witness the standard of political debate in the US Presidential election. It seems neither candidate is aware, or at least willing to articulate, the tectonic shifts taking place in global financial power which threaten to severely limit the room for manoeuvre of any future administration, not only economically, but diplomatically and militarily as well. We hear references to Iran and Russia as geopolitical challenges, but nobody is talking yet about a bigger threat right on America's doorstep, the potential implosion of the Mexican state. There are two pressing issues that are putting intolerable stresses on the Mexican economy and society; the first is the huge escalation in drug related violence and corruption, as US support for the Colombian war on drugs has displaced Cartel activity into Mexico, now the primary base for ...

Headquartered in Houston, Texas, Omega Protein Corporation (OME) is the largest manufacturer in the United States of heart-healthy fish oils containing omega-3 fatty acids. Trading on the New York Stock Exchange (NYSE), the company is part of the Processed and Packaged Goods industry in the Consumers Goods sector. Omega Protein makes their products from menhaden, which is an omega-3-rich, wild herring-like fish that is not used as dietary seafood. This fish is in great abundance along the U.S. Gulf of Mexico and the Atlantic coast.

Omega Protein is one of the largest fishing companies in America when it comes to tonnage. They are also one of the largest fishmeal companies in the world. They account for over 70 percent of the menhaden caught in the United States and over 15 percent of the nation’s total seafood landings. During fishing season, which is April to December, Omega Protein employs over 1,100 people

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