How Much of the Worsening Energy Crisis is Due to Depletion?
But as long as we keep extracting and burning coal, oil, and natural gas, our depletion problem likewise keeps simmering away in the background. This winter, the pot may boil over.
oil price volatility
Negative Oil Prices – “They’ll Pay You to Take it Away”.
However, these are such strange, and uncertain times, that it is difficult to make accurate predictions, on any level. Nonetheless, the security of the current global economic system and its underlying fossil fuels base, is further called into doubt.
Waking into our New Volatile Age of Oil Prices
All was calm when I predicted in February 2018 at oil-price.net that mid-June 2018″ would see an upsurge in oil price volatility. Four months later, on June 26 2018, a volatility spike in West Texas Intermediate crude oil spot price marked the beginning of the turbulent phase in the oil markets that we are now experiencing.
Oil’s Wild Price Swings Set to Create Global Chaos
As the current global oil glut shakes up petro states around the world, oil prices are becoming more volatile than Donald Trump tweets.
Cheap Oil Does Not Mean That Peak Oil Is a Myth
At a recent meeting of Transition Town Reading (U.K.), we discussed the prevailing low oil price, and the group asked me to put together some salient points on the subject, set within the context of whether or not we can now dismiss peak oil…
Crude Oil Price Volatility on the Way?
Given the economic disruptions that nearly always happen in the aftermath of oil shocks, it seems important to understand what is behind the timing of transient instabilities in the oil markets.