Oil and Gas Accounting
Contributor's Links: The View from our Whitehouse

Over 35 years experience working in oil and gas accounting with privately held oil and gas producing companies. Also have a blog that covers monetary system issues and the potential for major future monetary system change. (http://lonestarwhitehouse.blogspot.com/)  - email: ... more


Jim Rickards On Modern Monetary Theory
The Modern Monetary Theory proposal is making some headway in some political circles. Jim Richards has weighed in on the debate and here I share some of his thoughts and my own comments.
Unintended Consequence Of QE Policies?
Did the creation of massive amounts of liquidity by the Fed acting as lender of last resort create the impression in the general public that government spending and government debt don't matter anymore?
How Is The Petro Yuan Contract Doing?
The petro yuan contracts began trading for oil. This allows traders to buy and sell oil contracts based on the yuan rather than US dollars. Will this impact the US dollar in its role as the global reserve currency?
Fintech Innovation - Where Is It Headed?
Right now we are in the middle of the technology battle for universal adoption of an underlying ledger system that all banks and central banks can plug into.
Gold Wars
Some new developments in the gold space that may indicate that interest in gold as some kind of alternative payments system might be increasing.
Regarding BIS Guidance For Stress Testing OTC Derivatives
Because these speculative OTC derivative contracts can lead to a situation where a major so called "too big to fail" entity gets in trouble, monetary authorities like the BIS have recognized the potential systemic risk.




Larry White
Jim Rickards announces he will soon debate Modern Monetary Theory (MMT): https://t.co/Z738b2OyKQ
Larry White
Unintended Consequence of #QE Policies? https://t.co/GCQ6N5Y0GZ
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Latest Posts
Robert Bell Of KlickEx Comments On Monetary System Reform
KlickEx Chairman Robert Bell provides his insight on the present monetary system and what it may look like in the future.
Dr. Judy Shelton Comments On The Potential For Monetary System Reform
Dr. Judy Shelton is the US Director for the European Bank for Reconstruction and Development. In this interview, she comments on whether the current global trade dispute might lead to deeper discussions on monetary reform.
Efforts To Use Gold As Money Popping Up Around The Globe
This article looks at four ventures that are working to encourage people to use gold as money in various places around the world.
Glint Moves Forward With Plan To Reintroduce Gold As Money
Glint CEO Jason Cozens provides an update on Glint's expansion of services into the US. Glint offers people a way to own gold and also be able to spend it like money using a debit card.
Keith Weiner Proposes - The Unadulterated Gold Standard
Keith Weiner has proposed a modern form of the gold standard. In this article he comments on how likely it is that we might see such a thing come to pass.
Is A Government About To Issue A Gold Bond?
Keith Weiner tells me he is working with a government toward the issuance of a gold bond.
2018 Mid Year Review
So far we are not seeing major monetary system reforms taking place. Systemic risks still exist, but the status quo seems firmly entrenched for now.
Fitch Describes Emerging Markets As "Vulnerable" To Debt Load
Debt levels that quadrupled in a decade have made emerging markets vulnerable to tightening financial conditions in the era of rising U.S. interest rates, Fitch Ratings said.

Work Experience


Texas Tech University
BBA - Accounting
1974 / 1978
Accounting, Finance