Relevant and even prescient commentary on news, politics and the economy.

Oil: A New Pricing Mechanism and the Coming Crunch

Clingendael has released an interesting report regarding the coming oil crisis “Oil Turbulence in the Next Decade.” (No, we are not quite there yet.) The crisis or crunch is slated for 2010, around the beginning of the next decade, five years earlier than the IEA predicted in 2007 (World Energy Outlook 2007). That crunch will […]