Browsing Tag

peak oil

What happened to peak oil?

Up until two days ago oil was crashing down toward $110 a barrel as demand growth estimates have been clipped. So what happened to peak oil? Nothing happened; peak oil should still be a concern. For a larger context on peak oil, see my…

Oil to sink to $100

Oil at $100? That's certainly my call and I'll stick to it. So far my call of oil peaking at $150 is holding.( We'll see for how long). On July 9th, after oil's first pullback to $138 I said:Yesterday, oil fell the most in one day since…

News Round-up: 11 Jul 2008

Fannie and FreddieThe Fannie-Freddie Maelstrom Continues - WSJ MarketBeatThe Fannie and Freddie doomsday scenario - FortuneMcCain Says Fannie, Freddie `Vital,' Must Not Fail - BloombergKiss of death for Fannie, Freddie? -…

Oil down below $138

Yesterday, oil fell the most in one day since the start of the Gulf War in January 1991 to close at $136.03 in New York trading. Now is the time to evaluate whether we have seen the top in oil prices? On Thursday in my post "Oil close to…

Peak oil: it’s all about the Saudis

Whether you believe that peak oil is here or you believe that it's fantasy, ultimately your opinion rests on whether the Saudis can pump more oil. For years, Saudi Arabia has been the swing oil producer, able to turn on its oil spigots…

Blame Bernanke, the dollar and oil

Oil prices aren't high because of greedy oil companies or backstabbing middle eastern countries. Oil prices are high because of easy money. That is the message of David Uren in today's Australian. I subscribe to his view but add in peak…

Peak oil: are we there yet?

With oil prices spiraling ever higher, the question is whether supply has hit a brick wall; Has 'peak oil' arrived? The short answer is yes. However, the longer answer is yes, but there are ways around this problem. Speculation is only…

The Mean Season

John Mauldin is an economic pundit I have been following for a number of years. He not only writes a weekly newsletter that is very informative but he also has many guest writers of equal note. Yesterday, he had Michael Levitt of HCM…

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