Dirty Energy vs. Clean Power, The Past Battles the Future at Seneca Lake
How Seneca Lake in upstate New York became a key battleground in the fight over fracking.
Read more...Category Archives: Energy markets
Military Spending Could Give Big Boost to Renewable Energy
The military has a keen interest in reducing its dependence on conventional fuel sources for transportation and the spending heft to speed development.
Read more...Oil Faces Steep Downside Risk From China’s Stock Market
A drop in demand from China was one of the big causes of the oil price plunge in 2008. How do stock prices play into current demand weakness?
Read more...The Growing China-Latin American Energy Relationship
China has made a concerted effort to expand energy links in Latin America, especially in form of oil-backed loans.
Read more...Wave of Defaults, Bankruptcies Spooks Bond Investors
Investors are exiting junk bond funds as bankruptcies rise despite the “recovery” allegedly picking up steam.
Read more...The Russian Pipeline Waltz
An analysis of possible Russian pipelines in Europe as strategic bargaining chips.
Read more...Michael Hoexter: The Climate (and Climate Justice!) Movement Cannot Remain a Genteel Environmentalist Movement
Hoexter examines the disconnect between the preferred methods of climate activists versus the magnitude and urgency of the issues they are trying to address. His analysis echoes an important 2012 post by Richard Kline, Progressively Losing.
Read more...Oil Markets Could Be In For A Shock From China Soon
China’s oil consumption is a bigger part of global demand than most analysts acknowledge. A slowdown in buying after China stopped stockpiling diesel for the summer Olympics was a proximate cause of the 2008 oil bust. China is again in a stockpiling phase, which could precede another not-well-anticipated demand drop.
Read more...Expect The Recent Oil Rally To End Badly If OPEC Doesn’t Cut
The oil industry keeps hoping that its long-predicted rally in the second half is about to kick in. Arthur Berman sounds a cautionary note.
Read more...Goldman Sachs Predicting $45 Oil By October
Conventional wisdom for some time has been that weakness in oil prices would be short-lived, with prices rallying in the second half (and arguably, the current rally representing the financial markets correctly anticipating a much improved supply/demand picture soon).
Goldman breaks with this consensus, arguing that prices will fall again as drilling will pick up again quickly. Their argument is similar to that of John Dizard, who at the outset of the oil price swoon, said it would not be over until the US shale players ran out of financial rope and money for oil plays became more scarce and costly.
Read more...How Much Longer Can The Oil Age Last?
I suspect readers will draw suitably concerned environmental conclusions from this forecast, that the oil era has at least another 30 years to run.
Read more...How Shale Is Becoming The Dot-Com Bubble Of The 21st Century
The parallels of the dot com era with the shale boom are simply stunning as most E&P companies need to spend well over their operational cash flow.
Read more...Witnessing A Fundamental Change In The Oil Sector
The U.S. oil production decline has begun.
Read more...Wolf Richter: Manufacturing Falls Apart in the Middle of the US
Key manufacturing indexes in the heartlands are flashing red.
Read more...Who Is Saudi Arabia Really Targeting In Its Price War?
Saudi Arabia is not trying to crush U.S. shale plays. Its oil-price war is with the investment banks and the stupid money they directed to fund the plays. It is also with the zero-interest rate economic conditions that made this possible.
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