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


A Deeper Dive Into US Household Wealth Distribution & The Wealth Gap
It's election time once again and as always, the economy will probably be the biggest issue in most voters minds.
Billions, Trillions, Some Perspective
Total US debt edged up over time from around 250 Billion starting in the year 1950 to a little over 500 Billion by the year 1975.
Signals From The Gold And Silver Markets?
One of the sign posts we keep an eye on here is the precious metals markets. These markets historically can provide signals that something unusual is going on in the financial system. There are a couple of things that come to mind in this regard.
IMF Official - There Are Coutries (Including The US) Skeptical About Issuing More SDR's
We continue to monitor the topic of the potential for any increase in the allocation of SDR's (Special Drawing Rights) at the IMF. This is an important story to follow because the purpose of this blog is to watch for changes to the monetary system.
IBM/OMFIF Report On Central Bank Digital Currencies
While there are constantlyarticles suggesting that major changes by central banks or the IMF are imminent in regards to converting to either central bank digital currencies or even an "e-SDR", this report clearly lays out where this really stands.
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.




Latest Posts
Fed Chairman Discusses A US "Digital Currency" With Congress
We continue to monitor this space since central banks do continue to talk about the idea of possible issuing central bank digital currencies. We have several articles on the blog this month that cover various aspects of this issue.
Robert Pringle (Centralbanking.com) Talks About Central Banks, Money, And Where We Might Be Going In The Future
Robert Pringle has covered central bankers from inside the system for decades. Now he shares some insights on the impact of central banks and money on society.
Politics Aside - What Do We Watch In 2020? - The Fed (Plus Jim Rickards Thoughts)
We need to watch all this new money creation going on at the Fed as we head into an election year. Jim Rickards offers his thoughts on it as well.
Earth Reserve Assurance - A Sound Money Framework
Economist Joseph Potvin proposes a new framework based on valuing resources long term for monetary system reform.
Off Topic - Family Health Issue
Family Health Issue - Liver Disease
Comparing Bitcoin/Cryptos To Using Credit Cards For Payments
This article compares using regular credit cards to cryptos like Bitcoin for making routine purchase payments.
Reaction To Facebook Libra - An Open Letter From Steve Forbes To Mark Zuckerberg
Steve Forbes writes an open letter to Mark Zuckerberg and says he should back the new Facebook Libra coin with gold.
Jim Rickards Discusses His New Book - "Aftermath"
Jim Rickards talks about his new book and offers an update on his forecast for events that could lead to major change.

Work Experience


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