Natural Gas
The US’s supply of natural gas has been much in the news lately as prices Continue Reading
The US’s supply of natural gas has been much in the news lately as prices Continue Reading
The Movement for the Emancipation of the Niger Delta destroyed six more pipelines and pumping Continue Reading
“I’m a free-market guy, but the government must step in to stop the [oilprice] speculators!” Continue Reading
Today more than half the USA’s nitrogen fertilizer is imported, and about 20 percent of Continue Reading
Assuming the Bubble Next Time thesis is correct, where does that leave us? We will eventually get inflation rates over and above the 1-2% currently priced in. Burgeoning consumption in emerging economies will cause commodity prices will soar again as they did in the period 2003-2008:H1. The sky will be the limit for a barrel of oil. The United States economy will remain in the doldrums for many years. This is a worst of both worlds scenario. We hope for the best but in 2009, why shouldn’t we expect the worst?
1. Production and Prices Starting the week at $68 a barrel, oil traded as high Continue Reading
Global oil production peaked in 2008, and I think that as you scale back activity Continue Reading
In recent years, the US has been importing roughly 400 million barrels of oil and Continue Reading
Starting the week at $68 a barrel, oil traded as high as $73 before closing Continue Reading
While the OECD’s economies continue to stagnate, the situation in China is less clear. Chinese Continue Reading