Tag Archives: low oil prices

COVID-19 and oil at $1: Is there a way forward?

Posted on April 21, 2020 by Gail Tverberg

Many people are concerned today with the low price of oil. Others are concerned about slowing or stopping COVID-19. Is there any way forward? I gave a few hints regarding what is ahead in my last post, Economies won’t be … Continue reading →

Posted in Financial Implications | Tagged , , , | 4,539 Comments

Economies won’t be able to recover after shutdowns

Posted on March 31, 2020 by Gail Tverberg

Citizens seem to be clamoring for shutdowns to prevent the spread of COVID-19. There is one major difficulty, however. Once an economy has been shut down, it is extremely difficult for the economy to recover back to the level it … Continue reading →

Posted in Energy policy, Financial Implications, News Related Post | Tagged , , , | 4,744 Comments

It Is Easy to Overreact to the Chinese Coronavirus

Posted on January 29, 2020 by Gail Tverberg

Recently, a new coronavirus has been causing many illnesses and deaths. The virus first became active in Wuhan, China, but it has already spread to the rest of China. Scattered cases have been identified around the rest of the world … Continue reading →

Posted in Financial Implications | Tagged , , , | 1,772 Comments

2019: World Economy Is Reaching Growth Limits; Expect Low Oil Prices, Financial Turbulence

Posted on January 9, 2019 by Gail Tverberg

Financial markets have been behaving in a very turbulent manner in the last couple of months. The issue, as I see it, is that the world economy is gradually changing from a growth mode to a mode of shrinkage. This … Continue reading →

Posted in Financial Implications | Tagged , , , | 2,080 Comments

Low Oil Prices: An Indication of Major Problems Ahead?

Posted on November 28, 2018 by Gail Tverberg

Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil. Accessing such oil tends to be increasingly expensive because it … Continue reading →

Posted in Financial Implications | Tagged , , , , | 1,595 Comments