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OPEC Eyes $70 Oil

OPEC Eyes $70 Oil

As Brent crude prices remain…

Is OPEC Deal Compliance About To Crash?

Is OPEC Deal Compliance About To Crash?

OPEC’s victory lap to celebrate…

Energy / Oil Prices

Oil Demand in China and India Falling – Proof Prices are Too High!

Oil Demand in China and India Falling – Proof Prices are Too High!

Jun 07, 2013 at 22:24 | Gail Tverberg

The US Energy Information Administration recently released its report showing oil consumption by country updated through 2012. Based on this report, it appears that at current high oil prices,…

Is a Freefall in Oil Prices Really Underway?

Is a Freefall in Oil Prices Really Underway?

Jun 06, 2013 at 17:05 | Robert Rapier

Over the past three weeks, there have been numerous headlines insinuating that a freefall in oil prices is underway. Last week I read that the various causes were a slowdown…

Boom in Production of ‘Technological Barrels’ of Oil Drives Prices Down

Boom in Production of ‘Technological Barrels’ of Oil Drives Prices Down

Jun 03, 2013 at 16:45 | Stuart Burns

A debate is going on in the oil industry and among its consumers about the medium- to longer-term impact of North American shale oil and Canadian tar sands on the…

Peak Oil Price: The Latest Industry Worry

Peak Oil Price: The Latest Industry Worry

Apr 19, 2013 at 18:29 | Stuart Burns

There have been many calls on peak oil – the tipping point at which global production reaches a peak – and, due to dwindling reserves, production declines, even if demand…

Why the High Oil Prices if Supplies Really are Abundant?

Why the High Oil Prices if Supplies Really are Abundant?

Mar 14, 2013 at 17:48 | Kurt Cobb

It is a slick piece of public relations to convince people to disregard what is right in front of them and believe the opposite. And yet, that is what the…

How Low Wages can Lead to High Oil Prices

How Low Wages can Lead to High Oil Prices

Feb 19, 2013 at 16:50 | Gail Tverberg

In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of wages will be a problem,…

Analyzing Changes in WTI, Brent, and Gasoline Prices

Analyzing Changes in WTI, Brent, and Gasoline Prices

Feb 14, 2013 at 17:07 | James Hamilton

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 price is usually…

What's Causing the Price Gap between WTI and Brent, and Who will Benefit?

What's Causing the Price Gap between WTI and Brent, and Who will Benefit?

Feb 08, 2013 at 17:01 | The Energy Report

The Street thinks oil price differentials stem from lack of pipelines. That's only partly true, says Keith Schaefer, editor of Oil & Gas Investments Bulletin, arguing that limited refinery capacity…

Obama Makes no Attempt to Curb High Oil Prices after Elections

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

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…

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