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That's because the amount of extra oil that could be produced from more drilling in this country is tiny compared to what the world consumes.

By Brett Arends, MarketWatch BOSTON (MarketWatch) — The International Monetary Fund has just dropped a bombshell, and nobody noticed. For the first time, the international organization has set a date for the moment when the “Age of America” will end and the U.S. economy will be overtaken by that of China.

The age of oil asset managers seem to finally be admitting to what Michael Ruppert has been screaming for the past decade or more - at least this one is. Price pressures due to commodity shortages will become an integral part of our lives, he notes, and if continued focus on compound growth is unsustainable. A hopeful sign in this age of irony.

While responding to calls about shots being fired, a police chopper took fire from a gunman or multiple gunmen. Despite a search it sounds like the guy(s) got away. As Collapse progresses, incidents like this will increase in frequency and intensity. Next time a shooter may pull out a surface to air missile.

Data on how the U.S. and British economies fared in the first three months of the year due next week will likely highlight the tenuous nature of the recovery from recession in developed countries. A combination of rising gasoline prices and bad weather has prompted a number of big banks to cut their forecasts for U.S. economic growth in the first quarter. The preliminary snapshot of U.S. GDP growth, which a Reuters survey puts at 2.0 percent, will be released on April 28. In the UK, where weak consumer demand is expected to weigh on first-quarter output, the preliminary reading will be released on Wednesday. "The GDP figures will probably zoom in the focus more closely on fundamentals. A disappointment in the UK and U.S. may temper some of the buoyancy behind commodity and equity prices," said Lena Komileva, global head of G10 currency strategy at Brown Brothers Harriman in London. Many economists, including Federal Reserve Chairman Ben Bernanke, believe commodity price rises will prove temporary, and will thus have no lasting impact on inflation or growth. But the most recent data...

Alicia Veloz drove almost 60 miles from Sacramento to American Canyon to apply for a job at McDonald’s.

"Robert Sinclair of AAA New York said with the situation in Libya and Syria so volatile future prices of $6 – or more — for gas by summer could be looming. 'We’re seeing mainly fear, fear that there might be interruptions in supply because of tensions in the Middle East,' Sinclair said. 'The sky’s the limit. They’re paying $8-$9 a gallon in England. Who knows where it could go?'"

"The high price of produce, especially for tomatoes after the deep winter freezes, has attracted more than heightened attention from consumers. A ring of sophisticated vegetable bandits was watching, too." $300,000 worth of tomatoes is the tip of the iceberg. This story confirms, just as MCR predicted, that "a nationwide surge in cargo theft" is occurring.

A great primer and basic checklist. A good article to forward on to your friends who are on the bubble of preparing or to help you further your own preparation.

April 21 (Bloomberg) -- Robert McEwen, chief executive officer of Minera Andes Inc., talks about the outlook for gold prices.