A mid-week update. Oil prices fell on Monday and Tuesday this week on expectations that US crude stocks will continue to grow.
Articles: oil price (73)
What follows are the continuance of my research, discussions, observations and thoughts around the nexus of debts, interest rates and the oil price.
The Crash in the Price of Oil may Change the Oil Market – a Look at the IEA’s “Oil Medium-Term Market Report 2015”
On Tuesday 10 February at 13:00 GMT the IEA released its “Oil Medium-Term Market Report 2015”.
The Wall Street Journal on Tuesday, February 10 proclaimed “Oil-Price Rebound Predicted” according to the IEA. - Not true.
Using the assessment of the Bank of Canada, production of affordable oil at price levels up to $75 has peaked or is at peak since the turning point of 2005. This means that the global economy cannot grow “normally” again.
With the recent plunge in oil prices, it feels like the right time to check back in with Richard Heinberg of the Post-Carbon Institute.
U.S tight oil production from shale plays will fall more quickly than most assume.
Ever since oil and gas prices started to plunge, speculation that cheaper fossil fuels would mean a serious setback for renewables has been rife.
How does the economy really work? In my view, there are many erroneous theories in published literature.
As the oil industry cries poverty due to low oil prices in an effort to justify its attempts to lift all restrictions on exporting crude oil produced in the U.S., it is helpful to remember that this is an industry that was demanding tax breaks for oil production even when, in 2013, the top 5 …