…suggested is the anticipation of storms, I thought looking at the history of storms and oil price would help toward answering the hypothesis of oil prices rising in anticipation of…

…pacing supply. There is no need for any theories of hoarding or producers leaving oil in the ground or peak oil to explain the surge in oil prices this cycle….

…to Iraqi oil for the next 30 years, then any result guaranteeing oil profits for American oil companies would count as “victory.” Suppose the present killing and chaos were to…

…an estimate assuming sustained current oil prices). The oil shocks of ’73 and ’79 that preceded severe recessions are clearly visible. Also some economists have argued that the small increases…

Consolidation of Shale oil Drillers and Processer. Fewer wildcat drillers bought out by the larger oil producers. Greater interest in financial returns. Fields are maturing, sweet spots dwindle, and greater…

…until late 1991, I’m using spot oil prices for West Texas crude oil (/10 for scale) in the below graphs. In the 1974 oil embargo, in January oil prices increased…

…spill responders and natural resources managers face during a spill is evaluating the environmental trade-offs associated with dispersant use. The objective of dispersant use is to transfer oil from the…

In the previous post, I suggested that speculation is driving oil prices higher than they should be. In this follow-up, I think I can show that oil prices are not…

…and it will make little difference to the world oil markets or what we pay for oil, if Canada exports its oil via pipelines to Oklahoma or through its Pacific…

…the world’s oil through a two-mile-wide (3.2 km) shipping channel. (Twenty percent of the world’s oil is about 20 million barrels, and a barrel is a unit of measure equal…