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Changes to Total Global Credit Affects The Oil Price

In this post I present results from an analysis of developments to the annual changes in total debt in the private, non financial sector of some Advanced Economies (AE’s), and 5 Emerging Economies (EME’s) from Q1 2000 and as of Q3 2014 with data from the Bank for International Settlements (BIS in Basel, Switzerland).

Are We In The Midst Of An Epic Battle Between Interest Rates And The Oil Price?

What follows are the continuance of my research, discussions, observations and thoughts around the nexus of debts, interest rates and the oil price.

Growth in Global Total Debt sustained a High Oil Price and delayed the Bakken “Red Queen”

In this post I present a retrospective look at my prediction from 2012 published on The Oil Drum (The “Red Queen” series) where I predicted that Light Tight Oil (LTO) extraction from Bakken in North Dakota would not move much above 0.7 Mb/d.

World Crude Oil Production and the Oil Price

How far the oil price will come down and for how long it will stay “low” is now anyone’s guess. A declining price results from weakening demand while supplies are improving.

Central Banks' Balance Sheets, Interest Rates and the Oil Price

Money can be looked at as a marker for energy (alternatively; money is a claim on energy). As energy prices rise and/or energy supplies decline, this will depreciate the purchase value of money (and other paper constructs representing money).

Red Queen Update: In Bakken ND it is now mostly about McKenzie County

In this post I present an update to my previous posts over at The Oil Drum (The Red Queen series) on developments in tight oil production from the Bakken formation in North Dakota with some additional estimates, mainly presented in charts.

Maugeri Misses Bakken ”Red Queen”

In this post I will, amongst other things, present the results from my review of the Bakken portion of Leonardo Maugeri’s discussion paper “The Shale Oil Boom: A U.S. Phenomenon”

Will the Bakken “Red Queen” Have to Run Faster?

This post is an update and continued expansion to my previous posts about tight/shale oil in Bakken/Three Forks in North Dakota.

Is the Typical NDIC Bakken Tight Oil Well a Sales Pitch?

In this post I present the results from dynamic simulations using the typical tight oil well for the Bakken as recently presented by the North Dakota Industrial Commission (NDIC), together with the “2011 average” well as defined from actual production data from around 240 wells that were reported to have started producing from June through December 2011.

Is shale oil production from Bakken headed for a run with “The Red Queen”?

In this post I present the results from an in depth time series analysis from wells producing crude oil (and small volumes of natural gas) from the Bakken (Bakken, Sanish, Three Forks and Bakken/Three Forks Pools) formation in North Dakota. The analysis uses actual production data from the North Dakota Industrial Commission as of July 2012 from what was found to be a representative selection …