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Oil, Interest Rates and Debt

At first glance it is hard to see how oil, interest rates and debt are connected. Two of them are human constructs while oil (fossil sunlight), a gift from Mother Nature, took tens of millions of years to process.

Bakken(ND) Light Tight Oil – Update with Sep – 15 NDIC Data

Studying the SEC 10-K/Qs for several of the companies that are heavily weighted in the Bakken shows that natural gas and NGLs (Natural Gas Liquids) are weighing down the financial results for many companies.

Status of Norwegian Natural Gas at end of 2014 and Forecasts towards 2025

In this post I present actual Norwegian natural gas production, status on reserves, the development in discoveries and what this results for Norwegian Petroleum Directorate (NPD) and my expectations for the future delivery potential for Norwegian natural gas.

Status on the Bakken ”Red Queen” with Data as per April 2015

This post presents a study of developments of Light Tight Oil (LTO, shale oil) extraction for 8 companies in Bakken(ND) that as of April 2015 had added around 600 (or more) producing wells in the Bakken/Three Forks formations since January 2008.

The Bakken ”Red Queen” is restrained with more credit

To get some understanding of what will drive future developments on Light Tight Oil (LTO) extraction in Bakken, it is helpful to look at individual companies.

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).