Tag: peak oil

The financial crisis end game

The financial crisis end game

It is quite possible that more than one end game will unfold in the months and years to come. For example, we could see a Greek Eurozone exit. Simultaneously, we could have a crisis unfolding across emerging markets, as the strong U.S. dollar begins to do damage to borrowers in those countries, of which there are many. Quite how it will all pan out is very difficult to predict. If I were a betting man, my money would be on the ‘permanent condition’ becoming the generally accepted view of the future economic environment.

The slowing of Chinese growth and the rout in commodity currencies

The slowing of Chinese growth and the rout in commodity currencies

I am less and less concerned about the eurozone periphery over the medium term because recovery in Europe looks poised to last. On the other hand, the slowdown in China could have wide-ranging consequences, particularly for countries dependent on commodities for growth. The currencies of commodity producers are declining, making interest rate policy trickier as their economies slow.

Australia: Is this the end of the natural resources boom?

Australia: Is this the end of the natural resources boom?

In yesterday’s commentary, I wrote that China was attempting to rebalance its economy, which ultimately means a slowdown in its use of commodities. This has hit the commodities currencies particularly hard, with the Australian Dollar down over 16%. Commodity producers are going to be the biggest losers from a Chinese rebalancing. And the question then is what happens to their economies. Let’s look at Australia

Bakken shale oil fields and peak oil

Bakken shale oil fields and peak oil

The top two stories in today’s links are on shale oil and the fiscal cliff. I will concentrate on the shale oil issue and say a few parting words about the fiscal cliff. We have three articles on shale oil here and I think the lead article from Bloomberg is […]

Why oil prices are in a secular uptrend

Why oil prices are in a secular uptrend

By Frederick J. Sheehan Editor’s Note: Edward Harrison will be writing about the logic others feel support he other side of this trade based on views that Deniis Gartman espoused at an investment conference earlier today.  Frederick J. Sheehan is the author of Panderer to Power: The Untold Story of How Alan Greenspan […]

Oil’s Rising Baseline

Oil’s Rising Baseline

Editor’s note: the price plateaus mentioned in this article are all in nominal terms. When using inflation-adjusted prices, prices have still risen dramatically, though less dramatically. By Marin Katusa, Chief Energy Investment Strategist Between October 1973 and March 1974, the price of oil shot sky-high. OPEC embargoed its output, and […]

A Primer on Peak Oil

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.