Iraq
The security situation in Iraq appears to be deteriorating at a time when Baghdad is Continue Reading
Detroit
It will be some time before we can sort out the impact of last week’s Continue Reading
Quote of the Week
Offshore oil: “The pace of growth will slow and then become flat for the next Continue Reading
From Shortage to Glut, and Boom to Bust
In recent decades, technological advances have unlocked huge reserves of unconventional natural gas. Directional drilling Continue Reading
Week of May 4, 2009
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Briefs May 4, 2009
World oil demand is forecast to fall this year by much more than previously expected, Continue Reading
Let It Burn
The allure of easy wealth glitters very brightly if your wages have not kept up with inflation for over two decades while two principal wage earners struggle to support the household where once—a long time ago in a galaxy far, far away—one would do. The bubbly asset inflation created by the FIRE economy gave Americans the illusion of increased wealth, which spurred unsustainable levels of consumption in the period 1995-present.
Week of April 27, 2009
1. Last Week 2. Some Economic Implications of Peak Oil 3. Quote of the Week Continue Reading
Production and Prices
Prices started last week above $52 a barrel, then fell sharply in sympathy with a Continue Reading
Natural Gas
US natural gas prices fell again last week to their lowest point in more than Continue Reading