Category: ‘ Oil ’

 

“Anonymous” Putting Global Oil Industry in its Sights

So this could be interesting. If you haven’t yet heard of Anonymous, the amorphous and mysterious network of “hacktivists” which periodically pop their heads up to make normal people’s lives more difficult, you should ...

Medium Term Oil Market Report: The Fundamentals Remain Unchanged

In today’s Medium Term Oil Market Report, using stronger language than usual, the IEA said that it anticipates a “supply shock,” driven in large part by surging North American production and the light tight oil (LTO) boom. ...

Don’t Write Oil’s Obituary Yet

Over the weekend, an OpEd published in Bloomberg boldly proclaimed, “The Oil and Gold Booms are Over.” Written mostly from a finance perspective, the article focuses on the assertion that commodity prices follow predictable bo...

Saudi Oil Minister Ali al-Naimi is Not Stressed

In global energy markets, power ebbs and flows. There are discoveries of new fields, which can make or break a nation’s role in the energy landscape. There are technological breakthroughs which unlock vast resources, previously ...

“We Will Never Run out of Oil” … somehow is not about oil.

The cover story of this month’s Atlantic is pleasantly attention grabbing. We will never run out of oil. It’s no secret that, from an economics argument, this is true. As author Charles Mann summarizes, “Natural resource...

There is No Free Market for Oil

Yesterday, FedEx founder and CEO Fred Smith, along with two oil market economists—Andrew Morris of the University of Alabama, and James Smith of Southern Methodist University— participated in a panel discussion on a new paper,...

“Cheap” Oil: A Blessing and a Curse

When even Goldman Sachs has stopped betting on high crude oil prices, you know something is up. Yesterday, for the first time in nine months, Brent crude oil dropped below $100/bbl, and has hovered there for most of today, while W...

Of Oil Market Reports and Saudi Dissent

Yesterday, the International Energy Agency (IEA) released its oil market report, which downwardly revised oil demand forecasts for the third consecutive month. This outlook is shared by the monthly oil market report released on We...

CSIS: Geostrategic Implications of Unconventional Oil & Natural Gas

By now, the sea change which has occurred thanks to the domestic energy boom, driven by a seemingly overnight revolution in “unconventional” extraction technology, is old news, and its staggering impact is already here. Just c...

Does Oil Spill Policy Reflect Reality?

It’s no secret that petroleum is what powers our mobility, and without it our transportation system would grind to a halt. But what happens when the methods of moving oil fail us? Within the past week we have seen two separate, ...
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