Founding Father of Fracking Boom Is Crying the Blues
The price of a barrel of oil has been dropping steadily due to decreasing demand and a glut of oil on the market, thanks in large part to the fracking boom in the U.S.
oil prices
Peak Oil Review – Dec 1
A weekly roundup of peak oil news, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine
Peak oil notes – Nov 27
A midweek update. Oil prices continued to fall this week setting four-year lows before closing on Wednesday at $73.69 in New York and $77.75 in London.
Peak Oil Review – Nov 24
A weeikly roundup, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine -Quote of the Week -The Briefs
Eight Pitfalls in Evaluating Green Energy Solutions
Does the recent climate accord between US and China mean that many countries will now forge ahead with renewables and other green solutions? I think that there are more pitfalls than many realize.
Peak Oil Review – Nov 11
A weekly roundup of peak oil news, including: -Oil and the Global Economy -The Middle East and North Africa -Russia/Ukraine -Quote of the Week -The Briefs
Oil Price Slide – No Good Way Out
The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales.
Peak Oil Review – Nov 3
A weekly roundup of peak oil news, including: -Oil and the Global Economy -The Middle East and North Africa -Russia/Ukraine -China -Quote of the Week -The Briefs
The Peak Oil Crisis: A Reality Check
For the last four or five years, we have been bombarded with a stream of stories about the “shale revolution.
World Crude Oil Production and the Oil Price
How far the oil price will come down and for how long it will stay “low” is now anyone’s guess. A declining price results from weakening demand while supplies are improving.
Peak oil notes – Oct 30
A mid-week update. After trading quietly on Monday and Tuesday at around $81 in New York and $86 in London, crude prices closed higher on Wednesday after traders noted that the increase in US crude inventories last week was slowing down in comparison to the previous three weeks.
The Cost of Cheap Oil
The world price of oil – Brent Crude – fell below $84 per barrel on October 15. What is going on? Why does the price of oil matter to financial advisors? What might these fluctuations mean to the price and supply of oil for the rest of the decade?