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Articles: oil price (83)

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Why EIA, IEA, and BP Oil Forecasts are Too High

EIA, IEA, and BP forecasts miss the issue of low prices, and what they do to the possibility of future oil production. We get lulled into thinking that current prices are almost high enough, but they really are not. Companies really need to have enough funds on a cash flow basis, and on this …

Delayed gratification for OPEC, more pain for investors

OPEC at age 55 demonstrated its maturity this week as it left oil production quotas for its members unchanged. It did so in the face of oil prices that are about 40 percent lower than they were at this time last year, delaying once again a return to the $100-per-barrel prices seen during the …

Peak Oil Notes - May 14

A midweek update. Market uncertainty continues as US crude stocks decreased for the second straight week, but so did US refinery utilization.

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 …

Putting the Real Story of Energy and the Economy Together

 What is the real story of energy and the economy? We hear two predominant energy stories.  

Goldilocks Is Dead

For oil, the Goldilocks zone has ceased to exist. This will have staggering consequences throughout the economy for the foreseeable future.

Lifting the U.S. Oil Export Ban Is No Solution to Low Oil Prices

Lifting the oil export ban would only perpetuate the problem of over-production. That is no solution to low oil prices, lost jobs or lower oil-related spending.

Peak Oil Notes - Mar 19

A midweek update. Oil prices fell steadily this week until Wednesday afternoon when the Federal Reserve announced that it preferred a more gradual path to normalizing interest rates.

Big Oil’s Broken Business Model

Many reasons have been provided for the dramatic plunge in the price of oil to about $60 per barrel (nearly half of what it was a year ago)...

Oil Prices Don’t Change Because of Rig Count

Oil prices don’t change based on weekly rig count reports. Yet every week, there are proclamations by analysts that oil prices are poised to recover because of some change in the Baker Hughes North American rig count

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