Something for the bulls?
A pat on the back for international policymakers
Now that’s contagion
Recovery, OECD style (Germany not included)
A sovereign vulnerability scorecard
IEA Again Ups 2010 Global Oil Demand Forecast
Filed under: Oil
Notch another positive data point for the global economic recovery. The International Energy Agency has increased its 2010 global oil demand forecast by 170,000 barrels per day, to 86.5 million barrels per day (bpd), which represents a 1.6% bpd increase from the same...Opec eyes OECD demand
International Energy Agency calls ‘Peak’ on OECD Oil Demand
In recent editions of their World Energy Outlook, the IEA has been reducing their forecast for 2030 total oil supply. But forecasting a decline in OECD consumption is a radical shift.
Here at The Oil Drum we see peak oil occuring well before 2030, with production at that point significantly lower than...
A New Geopolitical Jevons Paradox? A Look at Non-OECD Oil Demand
Peak Demand or Peak Consumption? A Look at OECD Oil Demand
Standard economic principles have demonstrated that price is a function of supply and demand. The same is true for the recent oil prices fluctuations we have witnessed over the last few years, namely the equilibrium between supply and demand. However, the following conundrum has not been resolved: are oil prices high due to greater demand or too little supply? This ambiguity allows...
OECD: 2010 unemployment to pass WWII level
Filed under: Employees, Economic data
While we may be focused on unemployment in the United States, the loss of jobs has become a truly global affair. Next year, unemployment rates in the industrialized world are expected to hit their highest levels...
