Goldman: Oil back to $149 by year end
They think China demand after Olympics will force prices back up.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Politics in the Zeros
"A republic, if you can keep it." Vegas, taxes.
Tag oil prices
The Oil Drum continues their countdown to $200 oil
Among their well-presented and well-researched data, The Oil Drum says, referring to the chart – does it look like prices are crashing? So, at this point, I’m still happy to continue my “Countdown to $200 oil series” and see no…
Drop in oil prices possibly due to speculation
SemGroup just filled bankruptcy after a $3.2bn trading loss in commodities. Interestingly, they were short oil, meaning they expected prices to drop. But a wildly flucuating oil market combined with other traders smelling SemGroup blood in the water forced them…
Energy crisis, A discussion with Matt Simmons
Gasoline historically has been extremely cheap. It still costs less than beer or most any other liquid. Matt Simmons thinks gas could go to $12-15 a gallon. Demand is increasing while supply is dropping. That’s the problem.
Matt Simmons on oil prices
He sees the biggest obstacle stopping us from going to renewables is the mistaken belief that oil prices are temporarily high and will drop. So rather than deal with the problem, we’re going on a witch hunt to see who…