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The World’s Most Expensive Oil

The World’s Most Expensive Oil

There are hundreds of oil…

Energy / Oil Prices

Don’t Compare the Current Oil Situation to $140 Oil in 2008

Don’t Compare the Current Oil Situation to $140 Oil in 2008

Feb 26, 2011 at 12:52 | Hidden Levers

There’s been too much cacophony about the Libya unrest.  Rather than be beholden to the sensationalist financial media and just fear monger over Oil prices, it’s a better idea to…

Nomura: $220 Oil Possible if Libya and Algeria Halt Oil Production

Nomura: $220 Oil Possible if Libya and Algeria Halt Oil Production

Feb 24, 2011 at 07:51 | Joe Weisenthal

Forget the biggies. If just Algeria and Libya were forced to stop production, oil could rocket to $220.That's according to Nomura (via ZeroHedge): We have identified three distinct…

The True Cost of High Oil

The True Cost of High Oil

Feb 23, 2011 at 22:27 | Mad Hedge Fund Trader

Economists are furiously downsizing their economic growth forecasts for 2011 in the wake of the oil price spike, both for the US and for the world at large. Since last…

Why are WTI and Brent Prices so Different?

Why are WTI and Brent Prices so Different?

Feb 22, 2011 at 09:53 | Gail Tverberg

We have all heard at least a partial explanation as to why West Texas Intermediate (WTI) and Brent prices are so far apart. We have been told that the Midwest…

What Would Higher Oil and Gasoline Prices do to the Recovery?

What Would Higher Oil and Gasoline Prices do to the Recovery?

Feb 08, 2011 at 07:33 | Joe Weisenthal

Honestly, oil prices have been moored to around $90 for so long, we're kind of giving up on the whole $100 barrel idea, but obviously a lot of folks think…

Oil Price Could Doom Obama

Oil Price Could Doom Obama

Jan 31, 2011 at 07:55 | Llewellyn King

Like death and taxes, the price of oil is always with us. And like taxes, it may be President Barack Obama’s worst nightmare at election time next year. Among forecasters,…

A Recent History of Oil Prices ... History About to Repeat Itself?

A Recent History of Oil Prices ... History About to Repeat Itself?

Jan 22, 2011 at 09:27 | Professor Chris Rhodes

The price of oil has oscillated from an all-time hike of almost $150 a barrel to a low of $30, hand in hand with the credit-crunch and the inextricable economic…

Rising Oil Prices and Municipal Bond Defaults

Rising Oil Prices and Municipal Bond Defaults

Jan 17, 2011 at 08:43 | Gail Tverberg

I have written quite often saying that rising oil prices can be expected to lead to debt defaults. For a while, some of this was hidden through lower oil prices…

The Dangerous Bubble in Commodity and Oil Prices

The Dangerous Bubble in Commodity and Oil Prices

Jan 07, 2011 at 08:56 | Al Fin

Right now, the printing of trillions of dollars by the Federal Reserve is creating another financial bubble. It is supported only by deficit spending, borrowing, and money-printing. Nothing else is…

High Oil Prices Will Lead to an Oil Exploration Boom in 2011

High Oil Prices Will Lead to an Oil Exploration Boom in 2011

Jan 05, 2011 at 08:32 | Al Fin

Oil is like any other commodity: if price go up, people will produce more of it to sell. Despite the bleatings of peak oil sheep, oil companies are responding to…

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