Something very unusual is happening in the oil markets… and it’ll keep the oil price way above $100 for the rest of year.

Everyone knows markets hate uncertainty. Nowhere is that borne out more than in biotech.

Commodity prices eased this morning as the dollar rose as reports from the G7 meeting suggested countries would move to stop a dollar collapse. Good luck to them.

Oil Output and Supply… Let’s discuss the U.S. oil supply going forward. The U.S. presently consumes about 21 million barrels of oil per day. This is a mix of domestic output, much coming in small quantities from several hundred thousand old stripper wells, and imports.