Post Tagged with: "oil"
OPEC: near record production, spare capacity a concern
In addition to the hole left by the Iran sanctions, the Saudis are pressured to pump more in order to meet their own rising domestic demand. This is putting strains on OPEC’s spare capacity
[Premium] Is shale oil cheap?
There is some evidence that recently discovered shale oil fields cannot be successfully exploited at prices under $100 a barrel
Argentina Fundamentals Still Deteriorating
A look at the fundamentals shows why Fernandez is engaging in such visible theatrics, which also includes recent vitriol regarding the Falkland Islands. Simply put, we think economic stresses are intensifying. How deep the stresses will get is yet to be determined
A Primer on Peak Oil
I ran across three separate articles on peak oil at well-regarded financial news sites today: The Economist, The Financial Times and Le Figaro. I thought I’d give you a run down of what they were saying and what it means for the economy and investing
[Premium] Peak oil explains the Repsol YPF expropriation in Argentina
I think this should be obvious to everyone by now, but peak oil is a clear factor in the Argentina/Spain oil crisis. Here’s what happened
[Premium] Daily commentary: On Spain’s death spiral and the nationalism of depression
Spain is involved in two stories today that point to the difficulties that surround sovereign governments that are overindebted in foreign currency. There are a ton of Spanish-language links for that reason
Argentina is not the model
There have been a lot of people talking about Argentina as if it were the model for other governments in sovereign difficulty to follow. Yes, Argentina’s decision to default was realistically the right call given the crushing debt load. And that is the path the euro zone periphery is on. But, beyond this, I fail
Chart of the Day: Price Divergence between Oil and Natural Gas
Take a look at the long-term charts of crude oil and natural gas. The historical oil-to-gas price ratio had ranged from 6:1 to 10:1 before the economic crisis. Since one barrel of oil contains the energy equivalent of the 5.825 million BTU of natural gas, an implied BTU arbitrage kept this relationship in check
Transcript: Federal Reserve Chairman Ben Bernanke Interview with Diane Sawyer
Below is a video excerpt of the interview US Fed Chairman Ben Bernanke conducted with ABC News’ Diane Sawyer earlier this week. Below that is the transcript
Global economic themes
Warren Mosler presents some macro economic themes that will have implications for the investing and business climate
Video: Gas Prices Explained
I missed this one from Omid Malekan a few weeks back but it’s a good primer on gas/petrol prices for those of you who are interested
[Premium] Daily Commentary: Highest US March Gas Prices on Record
This daily commentary is a bronze level members-only post. I wonder how the oil issue is going to play out in this particular election since everyone seems to be talking about how high the price of gasoline/petrol is. In the US, we are seeing record numbers. here are some thoughts on the issue plus the links