Demand, Production, and Prices
Starting in the vicinity of $60 a barrel on Monday, oil prices closed at $63.56 Continue Reading
Starting in the vicinity of $60 a barrel on Monday, oil prices closed at $63.56 Continue Reading
Largely unreported in the western press are the devastating effects that electric power shortages are Continue Reading
Many who are counting on a rapid economic rebound in China to lead the world Continue Reading
OPEC countries will trim shipments by 0.8 percent to 22.55 million barrels a day in 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