Peak Oil Notes – Nov 13
London crude traded below $80 a barrel on Wednesday for the first time since Septermber 2010, closing at $80.83, also a four year low.
global oil prices
Central Banks’ Balance Sheets, Interest Rates and the Oil Price
Money can be looked at as a marker for energy (alternatively; money is a claim on energy). As energy prices rise and/or energy supplies decline, this will depreciate the purchase value of money (and other paper constructs representing money).
Commentary: Interview with Dr. Sadad Al-Husseini
Since the autumn of 2011, a storyline of “oil revolution” and oil abundance–even “North American energy independence”—has taken the US media by storm.