The high cost of low-priced oil
As a consumer of oil, you may regard recent sharp declines in the world oil price as a blessing. But…
Oil
Peak Oil Review – Dec 8
A weekly review including Oil and the Global Economy, The Middle East & North Africa, Russia/Ukraine, Quote of the Week, The Briefs.
How the U.S. could fight OPEC and win (and why it won’t)
The United States could chose to fight back and possibly win this war with OPEC by employing one simple, big move. But, I can confidently predict that the country will not do it. Why? Because it involves a tax, a tariff actually.
Peak Oil Notes – Dec 4
The Wall Street Journal reports that the Saudis will not entertain production cuts even if oil prices fall further and that Riyadh expects that global oil will settle around $60 a barrel which it says is sustainable for the Gulf Arab states.
US crude imports from Non-OPEC countries peaked 10 years before tight oil boom
In this post on the impact of US tight oil, we look at US crude oil imports from Non-OPEC countries.
Turnabout: OPEC shows U.S. oil producers who’s boss
To paraphrase Mark Twain: Rumors of OPEC’s demise have been greatly exaggerated.
Peak Oil Notes – Nov 20
A mid week update.
Peak Oil Review – Nov 17
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, Quote of the Week, The Briefs.
US Oil Dependency on Middle East has Hardly Changed Since 2007
US imports started to drop following the 2007 recession and the financial crisis in 2008.
Eight Pieces of Our oil Price Predicament
A person might think that oil prices would be fairly stable. Unfortunately, it doesn’t seem to work that way recently. Let me explain at least a few of the issues involved.
Energy Crunch: Sinking Oil
Oil prices plunged to a four year low of just $85 per barrel this week – down from around $115 as recently as mid-June.
Peak Oil Notes – Oct 16
The price plunge which began in mid-June when New York oil futures trading around $105 a barrel continued this week with oil touching $80 on Wednesday before recovering to close at $81.78.
