by Thomas Powell | Jan 13, 2018 | Oil & Gas, Uncategorized
On Thursday January 4th, the Trump administration announced its proposal for allowing of new offshore drilling for oil and gas. The areas mentioned included the majority of coastal ocean waters surrounding the U.S., including huge areas along the Eastern Seaboard and...
by Thomas Powell | Dec 26, 2017 | Economics, Uncategorized
Texas is a lot of things to a lot of people, but not many would argue that it’s the country’s leader in intellectual capital–most would reserve that title for New York or California. However, because of new provisions in the recently passed tax bill, states like...
by Thomas Powell | Dec 22, 2017 | Uncategorized
The 503-page bill signed into law by President Trump today restructures how (and how much) Americans pay the Taxman. Most of the provisions take effect Jan 1, 2018 … 10 days from now. And, since there’s no provisions for making sure all Americans understand the...
by Thomas Powell | Dec 14, 2017 | Investing, Uncategorized
Think about it. The year is 2010 and you are racking your brain about the perfect gift for your investor friend that “has everything.” You decide against trinkets, gift cards, engraved silver whatevers and wind up purchasing something called Bitcoin, launched into...
by Thomas Powell | Nov 30, 2017 | Uncategorized
A retweet from an illustration by Steve Kelley (shown here) got me thinking. The cartoon reminds me of a quote from Benjamin Franklin that I regurgitate often: “Those who would give up essential liberty to purchase a little temporary safety, deserve neither...
by Thomas Powell | Nov 14, 2017 | Economics, Investing, Oil & Gas, Uncategorized
Whether or not some or all of the Trump Administration’s proposed tax plan will be instated remains to be seen (and markets continue to hold their breath). Trump plans to visit Capitol Hill this week to speak with House GOP re: the proposed tax bill. For now, we can...