Biography
James is the Editor of Econbrowser – a popular economics blog that Analyses current economic conditions and policy.
James is the Editor of Econbrowser – a popular economics blog that Analyses current economic conditions and policy.
"Peak oil is dead," Rob Wile declared last week. Colin Sullivan says it has "gone the way of the Flat Earth Society", writing:Those behind the…
Emissions of carbon dioxide from fossil fuel consumption in the United States have fallen remarkably since 2008, with recent levels the lowest since 1995. Here…
With domestic oil production soaring, and petroleum and coal sector profits rising at a rapid clip, now seems the right time to cut back on…
The EIA last week released a nice summary of planned additional U.S. pipeline capacity.The reversal of the Seaway Pipeline began last May to carry 150,000…
Here I comment on some recent developments affecting the prices of WTI, Brent, and gasoline.West Texas Intermediate is a particular grade of crude oil whose…
Those who have been told that oil production is booming may be wondering why the prices of oil and gasoline are climbing again.Price of Brent…
With the stock market setting new 5-year highs, I was interested to take another look at some of the long-term fundamentals underlying equity values.On the…
I attended the American Geophysical Union meeting in San Francisco two weeks ago at which I heard a very interesting presentation by David Hughes of…
Here's one of the wilder suggestions floating around for what the President could do if Congress fails to raise the debt ceiling.To explain the idea,…
A lot of attention has been given to the optimistic assessments of future U.S. and Iraqi oil production in the IEA's World Energy Outlook 2012.…
Oil is fundamentally a depletable resource – once a barrel is extracted from the ground and burned, it is gone. Nevertheless, world oil production has…
On Monday the IEA released its World Energy Outlook 2012. This includes an optimistic assessment of the situation in the United States:The United States is…
On Wednesday I noted that encouraging more U.S. oil production was unlikely to result in a significant drop in U.S. retail gasoline prices. Nevertheless, I…
The boycott of Iran has been more successful than I had anticipated, with Iranian oil production and exports down significantly from a year ago.And even…
Gasoline prices in California are usually 30-40 cents a gallon higher than the rest of the country. About 20 cents of that is due to…
Can the wild swings in the price of oil over the last few weeks have anything to do with supply and demand?NYMEX November crude oil.…
As U.S. retail gasoline prices once again near $4.00 a gallon, does this pose a threat to the economy and President Obama's prospects for re-election?…
The price of Brent crude oil fell $35/barrel between April and June. But increases this summer have taken about $25 of that back.Price of Brent…
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…
Carpe Diem, Reuters, FTalphaville, and WhaleOil are among those calling attention to a new paper by Leonardo Maugeri, senior manager for the Italian oil company…