Category Archives: News Related Post

Oil Price Slide – No Good Way Out

The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing, regardless of how low oil prices go unless they are stopped by bankruptcy, revolution, or … Continue reading

Posted in Financial Implications, News Related Post | Tagged , , , , , | 942 Comments

IEA Investment Report – What is Right; What is Wrong

Recently, the IEA published  a “Special Report” called World Energy Investment Outlook. Lets’s start with things I agree with: 1. World needs $48 trillion in investment to meet its energy needs to 2035. This is certainly true, if we assume, as … Continue reading

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Russia and the Ukraine – The Worrisome Connection to World Oil and Gas Problems

What is behind the Russia/Ukraine problem? It seems to me that what we are seeing is Russia’s attempt to fix a two-part problem: Some oil and gas exporters, including Russia, are not receiving enough oil and gas revenue to meet … Continue reading

Posted in Alternatives to Oil, Financial Implications, News Related Post | Tagged , , , , | 768 Comments

Reaching Debt Limits: With or without China’s problems, we have a problem

Credit Problems are a Very Current Issue In the past several years, the engine of world’s growth has been China. China’s growth has been fueled by debt. China now seems to be running into difficulties with its industrial growth, and … Continue reading

Posted in Financial Implications, News Related Post | Tagged , , , | 621 Comments

Beginning of the End? Oil Companies Cut Back on Spending

Steve Kopits recently gave a presentation explaining our current predicament: the cost of oil extraction has been rising rapidly (10.9% per year) but oil prices have been flat. Major oil companies are finding their profits squeezed, and have recently announced plans to … Continue reading

Posted in News Related Post | Tagged , , , | 548 Comments