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supply

Oil Prices Don’t Change Because of Rig Count

December 15, 2020March 2, 2015 by Arthur E. Berman

Oil prices don’t change based on weekly rig count reports. Yet every week, there are proclamations by analysts that oil prices are poised to recover because of some change in the Baker Hughes North American rig count

Categories Energy Tags Bakken, demand, Eagle Ford, Eagle Ford Shale, Oil, oil price, rig count, supply, tight oil Leave a comment

No Oil Price Rebound Yet: An Explanation in Two Charts

December 15, 2020February 11, 2015 by Arthur E. Berman

The Wall Street Journal on Tuesday, February 10 proclaimed “Oil-Price Rebound Predicted” according to the IEA. – Not true.

Categories Energy Tags demand, EIA, IEA, oil price, OPEC, supply, tight oil Leave a comment
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Resilience is a program of Post Carbon Institute, a nonprofit organization dedicated to helping the world transition away from fossil fuels and build sustainable, resilient communities.

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