Oil continues its upward climb for the fourth straight session, despite the drop in U.S. inventory. Crude stocks fell last week by about 1.7 million barrels.
As we go to press, Brent crude is at $61.9 per barrel.
It was reported last week that due to a dirty deal by Bill “Slick Willie” Clinton, which enriched oil companies with an offshore drilling deal in the Gulf of Mexico back in 1996, the U.S. government lost $18 billion in oil and gas royalties.
We note this as just another example of the richest and biggest getting richer and bigger as the rest of the population gets poorer and sinks deeper in debt… and they are now taking to the streets.