Tags: oil

Low Energy Prices – Will They Continue?

June 12th, 2016
in energy

As Table 1 indicates prices of the world’s leading energy sources fell precipitously in 2015 and 2016. Recently, they have rebounded a bit but are still 50% less than what they averaged during the 2010-14 period. more »

Current Oil Price Slump Far From Over

July 4th, 2015
in energy

The oil price collapse of 2014-2015 began one year ago this month (Figure 1). The world crossed a boundary in which prices are not only lower now but will probably remain lower for some time. more »

U.S. Oil Glut: How High Can It Go?

April 26th, 2015
in aa syndication

Oil Glut Build in PAD3 Gulf CoastAs expected, EIA today reported for week ending April 17, U.S. crude-oil inventories gained 5.3 million barrels to 489 million barrels, which is still the highest in at least 80 years, according to the EIA. more »

Connecting the Dots - A Slowing Economy?

December 27th, 2014
in aa syndication, weekly economic summary

Written by Steven Hansen There is no question in my mind that falling oil prices are good for a USA style consumer driven economy. Falling oil prices put more money into the hands of the consumer - and it is appearing the consumer is now spending more… more »

What Becomes Of The Broken Market

December 25th, 2014
in commodities

The November industrial production data reported yesterday shows no slowdown yet in US oil and gas production, and as goes oil and gas, so goes the US economy. more »

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