Tag Archives: oil exports

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

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Making Sense of the US Oil Story

We frequently see stories telling us how well the United States is doing at oil extraction. The fact that there are stories in the press about the US wanting to export crude oil adds to the hype. How much of … Continue reading

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Oil and Gas Limits Underlie Syria’s Conflict

In my view, oil and gas resource limits are major contributors to the conflict in Syria. This is happening in several ways: 1. Syria is an oil exporter that is in increasingly perilous financial condition because of depleting oil resources.  When … Continue reading

Posted in Energy policy, Financial Implications | Tagged , , , , | 236 Comments

How Oil Exporters Reach Financial Collapse

Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the situation: how oil exporters reach financial collapse. Unfortunately, we have many examples of countries that … Continue reading

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The Myth that the US will Soon Become an Oil Exporter

Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a “net” oil exporter? With the recent increase in oil production (perhaps even exceeding that of … Continue reading

Posted in News Related Post, Oil and Its Future | Tagged , , , , , , | 50 Comments