Our Economy Sorely Needs a Boost. The Strategic Petroleum Reserve, Anyone?

Unemployment is still over 7 percent, the Fed has signaled the gradual end of its QE3 program, the stock market is retreating and the economy still remains deeply sluggish. Yet the price of oil remains at an exorbitant $95 barrel, totally without justification given the near-record inventories on hand and the booming production in the…
Read More

Russian Arms, Syria and the Price of Oil

As featured on The Huffington Post: President Bashar al-Assad of Syria, in a broadcast this Thursday past, boasted of the Russian arms deliveries to the Syrian regime that would include deliveries of a highly advanced anti-aircraft weapons system. Whether accurate or not, the Russians are clearly stoking the fires of the Syrian debacle and now…
Read More

VIDEO

BOOKS

At great cost and risk to the American and world economies, consumers are ripped off billions of dollars every day by oil interests and their malevolent influence on market pricing mechanisms...


There is a pervasion of misinformation clouding the public's understanding of how oil prices are really determined and the policies in place that have rigged the game to benefit the house dealers: the oil industry...


Oil is a commodity that is essential to the world's economic well-being. But it is also an industry rife with corruption. In OIL AND FINANCE, author Raymond J. Learsy chronicles the problems within the oil industry and details how these issues affect both US and global politics...

Longtime commodities trader Raymond J. Learsy explains the real reason behind today's outrageous gas prices by exposing the Mideast oil cartel and revealing how OPEC manipulates the oil markets-and, consequently, threatens the world's economy and American security.

BIOGRAPHY

Raymond J. Learsy, a graduate of the Wharton School, made his life in the fast-paced, risk-filled world of commodities trading, beginning in 1959. In 1963, he started his own firm and over twenty years expanded from the U.S. into Canada, the United Kingdom, Luxembourg, Brazil, and Pakistan, trading in an array of bulk raw materials and commodities, shipping to customers worldwide. In the 1980s, he shifted gears as a private investor, from 1982 to 1988, served as a Reagan appointee to the National Endowment for the Arts...