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Sometimes you have to go to Canada to find people who understand the concept...
Like this Eric Reguly character of the Globe and Mail: Why hasn’t the high price triggered a production surge? The biggie, it seems, is that the non-OPEC countries are simply not up to the job. As...
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Senator Schumer wants Saudi Arabia to talk down oil prices
But Senator — to what degree will desperate-sounding ‘comments’ from US officials like yourself counteract those hypothetical emphatic promises? Seems like Shoom is scrambling for relevance. Schumer...
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Daniel Yergin is a shame
Everything Yergin says here is true. He gives the impression of someone who chooses his words carefully. He won a Pulitzer and wrote two giant books about oil. But he somehow always leaves out half the...
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UK Oil production quietly plummeting
For any modern nation, a 22% decline in oil production would be significant over the course of a decade. A 22% drop over a mere 12 months ought to be front-page news, yet this radical decline has...
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Save this chart for a good laugh later on
Citi analysts have been calling an end to America’s energy problems and for the appearance of a 900-foot-tall golden unicorn named Darren.
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Resistance
A new fire in the North Sea; blowout in Russia; hacking in Iran; pipeline problems in Turkey; accelerated violence in South Sudan… What I miss?
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Transitory
Fact: higher oil prices have been a "transitory phenomenon" according to US policy makers and many US economists since 2005.— Gregor Macdonald (@GregorMacdonald) April 25, 2012
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Hurricane Isaac Activity Statistics
Updated August 30. Almost all of Gulf shut down. Based on data from offshore operator reports submitted as of 11:30 a.m. CDT today, personnel have been evacuated from a total of 509 production...
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NPR repeats false fracking narratives
As NPR’s Tom Gjelten reports: “Petroleum engineers have always known about the untapped underground oil in the United States, but it was unreachable, trapped in tight shale rock. Then the engineers...
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What IEA says
IEA… Not a good track record with the predictions. Doesn’t stop ‘em from throwing out new crazy numbers every year. While geopolitical risks abound, market fundamentals suggest a more comfortable...
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Transitory
Fact: higher oil prices have been a "transitory phenomenon" according to US policy makers and many US economists since 2005. — Gregor Macdonald (@GregorMacdonald) April 25, 2012
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