The wheel that grinds slow, but grinds fine

Topics:

– Market context/musings

– Price of first barrel of crude pulled at Titusville in context.  Or “Whale oil was the butterfly that unleashed the Tsunami.”

– The seven sisters.

– Rockefeller and Standard Oil, Louis Brandeis & Teddy Roosevelt – “Standard Oil of NJ and Standard Oil of California”

– War machines.  First Lord of the Admiralty – Winston Churchill.  “Why did Hitler invade the Balkans?  Why did the Japanese Invade Burma?  Why were we in Iraq?  Why are the Turks fucking around in the Agean?”

– The Anglo Persian Oil Company – “Or why the Iranians hate our guts”

– Aramco = Arab American Oil Company