Search completed
Peak Oil. Sometimes it sounds sooooo 2008. What’s the real story? Is there too much oil out there, or not enough? Seems like it’s tough to get a straight answer on this question – or at least an answer that experts agree on. In this guest piece, Marin Katusa of Casey Research takes a look […]
This morning, the US Department of Energy reported, well, HUGE inventories in oil. Oil’s decline hastened on the news. I’m wondering if oil has placed in its short term top, on it’s way back down to the $40 range, or perhaps lower (maybe even $20 as predicted here?) After rallying north of $140 last summer, […]
Crude oil expert Philip Verleger, who correctly predicted oil would hit $100 back in 2007, is now forecasting $20…this year! Verleger says that supply is outpacing demand by 1 million barrels a day – and with the global economy not really improving, a warm winter could prove to be “devastating” for oil prices. This jives […]
Last night I had the opportunity to sit down with PG, who is the head of a small refinery based in Texas. We talked about the economy, and most specifically, crude oil – where the price may be heading, and supply/demand considerations. (OK it’s my father-in-law…we were having an after-dinner beer…but I’ll take his insights […]
Recent Comments