Impotent Western Sanctions Fail To Disrupt Russian Energy Exports
Who has won and lost from the Western sanctions against Russia?
Read more...Category Archives: Energy markets
The Obama Administration, Shell, and the Fate of the Arctic Ocean
Royal Dutch Shell wants to drill in the Chukchi Sea this summer and that could, in the long term, spell doom for one of the last great, relatively untouched oceanic environments on the planet.
Read more...Could Oil Prices Plummet A Second Time?
Are oil prices heading for a double dip?
Read more...John Helmer: What is Russia’s Answer to Greece’s Plan B? Smile, Blow the Whistle, Pass the Red Card
Helmer’s post confirms our view that Russia will not rescue Greece, and for many of the same reasons that we’ve stated.
Read more...How Gaza’s Natural Gas Became the Epicenter of an International Power Struggle
Guess what? Almost all the current wars, uprisings, and other conflicts in the Middle East are connected by a single thread, which is also a threat: these conflicts are part of an increasingly frenzied competition to find, extract, and market fossil fuels whose future consumption is guaranteed to lead to a set of cataclysmic environmental crises.
Read more...Wolf Richter: What the Heck Has Suddenly Hit American Consumers?
Consumer confidence just hit an airpocket. Is this turbulence or a harbinger of things to come?
Read more...Wolf Richter: The Chilling Thing Devon Energy Just Said About the US Oil Glut
Devon Energy shows how companies are pumping even more oil with fewer rigs and lower investment, perpetuating the oil oversupply.
Read more...Why We Won’t See An Oil Price Rebound Yet
The front page of The Wall Street Journal on Tuesday, February 10 proclaimed “Oil-Price Rebound Predicted” according to the IEA (International Energy Agency).
Not true.
Read more...Wolf Richter: Wall Street Has a Dream About the Price of Oil
Is Wall Street’s upbeat take on the prospect for a continued recovery in oil prices credible?
Read more...Even If Oil Rally Continues, Lenders Still At Risk
Even with the impressive oil rally of the last two days, it isn’t clear that producers and lenders are out of the woods. While some analysts contend that the bottom is in, others see the rally as technical, driven in large measure by short-covering, and likely to fade.
The uncertainty lies in what is really happening on the production side
Read more...U.S. Shale Boom May Come To Abrupt End
U.S tight oil production from shale plays will fall more quickly than most assume.
Read more...Crushing The U.S. Energy Export Dream
Exporting crude oil and natural gas from the United States is among the dumbest energy ideas of all time.
Read more...Paper Exposing Manipulation of Electricity Prices Stymied by Editor with Private Equity Ties
Yves here. I’ve read the detailed traffic between the author Eric L. Prentis and the publication in question, Energy Economics, and have also run them and his paper by academics who have or are supervising significant research and publication efforts. They gave the Prentis paper high marks and agreed that the actions of Energy Economics […]
Read more...Money Dries Up for Oil and Gas, Layoffs Spread, Write-Offs Start
When money was growing on trees even for junk-rated companies, and when Wall Street still performed miracles for a fee, thanks to the greatest credit bubble in US history, oil and gas drillers grabbed this money channeled to them from investors and refilled the ever deeper holes fracking was drilling into their balance sheets.
Read more...So Where Did All the Energy Debt Go?
A big puzzle, as oil prices have plunged and look unlikely to return to their former levels, is who is holding energy-related debt, particularly give the high level of issuance in 2014.
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