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In this newly competitive environment, oil will trade like any normal commodity, with the Saudi monopoly broken and North American production costs setting a long-term price ceiling of around $50 a barrel, for reasons I set out in January.

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The following is a time line of treaties made, treaties broken and massacres disguised as battles.

As removed as we, the dominant society, may feel from a massacre in 1890, or a series of broken treaties 150 years ago, I still have to ask you the question: How should you feel about the statistics of today?

It was a court only for veterans who had broken the law.

So this is a 12-bar blues, and I've broken it down into four-bar groups, so you would know how you would trade.

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