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This Could Be A Gamechanger For Natural Gas In Europe

This Could Be A Gamechanger For Natural Gas In Europe

Europe’s lack of energy security…

Energy / Oil Prices

Obama Makes no Attempt to Curb High Oil Prices after Elections

Feb 06, 2013 at 17:11 | Dian L. Chu

I guess the SPR Threat was politically motivatedWhen Oil and Gas prices were last at these levels President Obama utilized the threat of releasing the SPRs to put…

How High Oil Prices Lead to Recession

Jan 25, 2013 at 17:15 | Gail Tverberg

There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out…

Ten Reasons Why High Oil Prices are a Problem

Jan 18, 2013 at 17:04 | Gail Tverberg

A person might think from looking at news reports that our oil problems are gone, but oil prices are still high.

Why you should Ignore any Long-Term Forecasts of Cheap Crude

Jan 14, 2013 at 17:13 | Kurt Cobb

Here's the short version of why forecasts of low long-term oil and natural gas prices are almost certainly wrong: It costs more than that to get the stuff out of…

What Would Falling Oil Prices do to Russia's Geopolitical Ambitions?

Dec 10, 2012 at 17:05 | Al Fin

The US shale boom has already hit Russia's Gazprom hard. Now, the rising boom in US oil production, along with other sources of new global crude production, are casting…

Oil Sands Crude Crashes Through $60 a Barrel

Oct 24, 2012 at 15:36 | Frik Els

The price oil sands producers receive fell to $48 a barrel below the international benchmark after a $4.50 or 21% widening to $25.00 of the spread between the price…

Oil Continues Slide Ahead of OPEC Report

Oct 08, 2012 at 17:59 | Daniel J. Graeber

Concerns over reports Monday of a declining Asian economy helped push crude oil prices down for the second straight trading day. The World Bank downgraded its growth expectations for the…

The Devastating Economic Impact of Constantly High Oil Prices

Oct 03, 2012 at 17:36 | Gail Tverberg

Prof. James Hamilton of University of California recently wrote a post called Thresholds in the economic effects of oil prices. In it, he concludesAs U.S. retail…

Looking for the Cause Behind the Wild Fluctuations in Oil Prices

Sep 25, 2012 at 17:35 | James Hamilton

Can the wild swings in the price of oil over the last few weeks have anything to do with supply and demand?

Oil Prices Dive 5% on Speculation and Mystery

Sep 20, 2012 at 13:16 | Charles Kennedy

As the Saudis move to pump more oil, the US sits on increased crude supplies, the market gets edgy over Eurozone economic instability, and FedEx cuts it profit outlook, the…

Why Oil Prices Will Remain High

Sep 04, 2012 at 17:21 | Stuart Burns

I don’t know about you, but in the absence of any dramatic news about Iran in the papers, and especially set against the general background of a weakening global economy,…

Economy, not Physical Markets, Driving Oil Prices

Sep 03, 2012 at 18:03 | Daniel J. Graeber

The U.S. Department of Energy last week issued one crude oil loan from the Strategic Petroleum reserve to Marathon Petroleum Co. as gulf operators dealt with the effects of…

Why Oil Prices are 10 Times More than in 1998

Sep 03, 2012 at 17:51 | Kurt Cobb

What were the prices of oil and gasoline in 1998? Do you remember? Without looking them up (or looking below this line), make your best guess.I've been taking…

Where Will Oil Prices be in 2020?

Aug 31, 2012 at 18:05 | Al Fin

Citi is projecting that (PDF) oil costs will stabilize at $80 to $90 a barrel by the year 2020. And a recent report from Harvard's Belfer Center warns that…

Peak Oil and Presidential Campaigns - Where will Prices Go?

Aug 30, 2012 at 20:34 | Post Carbon

As Labor Day nears, a quiet summer seems poised to turn into an autumn to remember. Our concern here, as it has been for many years now, is the price…

The Underlying Causes of Oil Price Fluctuations

Aug 24, 2012 at 15:08 | MasterResource

After oil and gasoline prices continued their relentless march up earlier this year, it was nice to have some relief at the pump in May and June. However, since the…

What has been Driving Global Oil Prices Recently?

Aug 16, 2012 at 17:38 | James Hamilton

The price of Brent crude oil fell $35/barrel between April and June. But increases this summer have taken about $25 of that back.

Why the Oil Futures Market did not Contribute to High Oil Prices

Jul 26, 2012 at 17:13 | James Hamilton

A recent study by Luciana Juvenal and Ivan Petrella suggests that the financialization of oil futures markets contributed significantly to the surge in oil prices after 2003.

Gulf Tensions Cloud Oil Markets

Jul 17, 2012 at 17:29 | Daniel J. Graeber

Oil markets reacted Monday to a naval escalation near Dubai, highlighting on-going tensions in the Persian Gulf region. Oil prices Friday surged higher following economic statements from China, which has…

Stagnant Economy Means Stagnant Oil Prices

Jul 10, 2012 at 16:39 | Daniel J. Graeber

Government intervention in the labour dispute in Norway pushed crude oil prices back below the $100 mark after a brief spike Monday. Authorities said the strike halted about 15 percent…

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