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Energy / Oil Prices

Oil Prices and Boiling Frogs – Public Beginning to accept High Prices

Aug 06, 2013 at 17:03 | Kurt Cobb

Many readers will know about the claim that a frog plopped into boiling water will hop right back out if it can, while one put into cold water which is…

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?

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

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

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?

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

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

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?

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

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,…

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