Insight and inspiration in turbulent times.
A midweek update. For nearly three weeks now New York oil futures have cycled between $48 and $54 barrel, while London futures have climbed steadily reaching nearly $63 a barrel on Tuesday before falling to close at $60 on Wednesday.
A midweek update. The oil price rebound which began in late January continued through Monday of this week.
A weekly roundup of peak oil news, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine -Quote of the Week -The Briefs
In Part 1 of this series, I talked about why cheap fuels act to create economic growth. In this post, we will look at some supporting data showing how this connection works.
A mid-week update. Oil prices underwent a three-day rally beginning last Friday and ending Tuesday, climbing some 19 percent on expectations that world oil supplies would soon start dropping.
At a recent meeting of Transition Town Reading (U.K.), we discussed the prevailing low oil price, and the group asked me to put together some salient points on the subject, set within the context of whether or not we can now dismiss peak oil…
A mid-week update. Another large increase in US crude stocks last week sent NY oil futures down to a close of $44.45 a barrel, the lowest in nearly six years.
A weekly update on peak oil news, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine -Quote of the Week -The Briefs
A mid-week update. Oil has been trading in a relatively narrow range — $46-$49 a barrel in New York and $47-50 in London since the first week of January.
A weekly roundup of peak oil news, including: -Oil and the global economy -The Middle East and North Africa -Venezuela -Russia/Ukraine -Quote of the week -The Briefs
We have all been held spell bound by the recent precipitous plunge in oil prices.
A mid-week update. Oil prices fell on Monday and Tuesday of this week, but then rebounded sharplyWednesday afternoon to close at $47.48 in New York and $48.69 in London.
