Review July 20, 2009
Full PDF: Peak Oil Review 07/20/2009 Full and Complete Peak Oil Review: 1. Demand, production, Continue Reading
Full PDF: Peak Oil Review 07/20/2009 Full and Complete Peak Oil Review: 1. Demand, production, Continue Reading
Everyone in the industry knows it. I think a lot of analysts are reticent to call a spade a spade. At one end of the spectrum you have Matt Simmons who is very vocal and very up front. At the other end of the spectrum the people understand it but aren’t making a big deal out of it.
The dysfunctional symbiosis between the two countries should be a familiar story by now: Americans consume more than they produce, the Chinese produce more than they consume. Americans are spendthrift, the Chinese are frugal. The Chinese make the stuff Americans buy. Americans run large trade deficits, while the Chinese have a large trade surplus. The Chinese manipulate the value of the Renminbi (the Yuan) to keep the imbalance going. The Chinese buy our debt but will not abandon the dollar…
1. Demand, production and prices Since touching a high for the year above $73 a Continue Reading
Since touching a high for the year above $73 a barrel last month, oil prices Continue Reading
The US government has never had so many balls in the air at the same Continue Reading
Recently a friend gave me a copy of a January 22, 1973 issue of Newsweek. Continue Reading
Output from the first wells drilled at Exxon Mobil’s Horn River basin shale-gas field in Continue Reading
“Speculators cannot profit from sustained high prices; they can only profit from changing prices. So, Continue Reading
There are more than 250 million vehicles on the road in the U.S., and of Continue Reading