Oil production can be confusing because there are various “pieces” that may or may not be included. In this analysis, I look at oil production of the United States broadly (including crude oil, natural gas plant liquids, and biofuels), because this is the way oil consumption is …
Articles: oil price (114)
Many analysts had anticipated that a dramatic drop in oil prices such as we’ve seen since the summer of 2014 could provide a big stimulus to the economy of a net oil importer like the United States.
A weekly roundup of peak oil news, including: -Quote of the Week -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
The great global energy transition is accelerating. Who could have imagined a few years ago that global carbon emissions would stall in 2015, spurred by a rise in renewable energy?
The oil markets are so anxious for a price rebound these days that any piece of bullish news sends them into a minor frenzy. This week we actually had some news supportive of higher prices.
Wage inequality is really a sign of a deeper problem; basically it reflects an economic system that is not growing rapidly enough to satisfy everyone.
A weekly roundup of peak oil news, including: -Quote of the week -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
A midweek update. Oil traded between $30 and $32 this week as weaker fundamentals – increasing inventories and bad news concerning economic growth – was balanced off by reports that the Russians and the Saudis might get together to restrict oil output.
A weekly roundup of peak oil news, including: -Quotes of the week -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
Only exceptional weakness in the global economy explains oil dipping into the $20 range. In doing so, the oil market has provided a warning for anyone who is willing to see it.