A midweek update After two days of drops occasioned by the Brexit vote, oil prices rebounded on Tuesday and Wednesday as trader concerns shifted to supply and demand issues once again.
Articles: oil price (122)
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.
A midweek update. The oil markets are still dominated by the possibility that today’s vote in the UK may result in Britain leaving the EU.
$50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil. But is $50 per barrel oil helpful?
A weekly roundup of peak oil news, including: -Quote of the week -Oil and the global economy -The Middle East and North Africa -Nigeria -Venezuela -The Briefs
A midweek update. Oil prices surged on Wednesday following the news that US crude inventories had fallen by 4.2 million barrels last week.
The underlying assumption in peak oil models is that scarcity would appear before the final cutoff of consumption.
There are many who believe that the use of energy is critical to the growth of the economy. In fact, I am among these people. The thing that is not as apparent is that growth in energy consumption is dependent on the growth of debt.
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 …
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.