The Saudi oil sales enigma
Something of a strange one this. Every analyst and his dog has for the longest while been preaching that demand for crude post-crisis has really been all about emerging market demand…...
Strategic Petroleum Reserve to the Rescue?
Jim Hamilton: Strategic Petroleum Reserve to the rescue, econbrowser: The United States and Britain have apparently been discussing a joint release of strategic petroleum stockpiles. ... In fact we ran that exact experiment last year... Specifically, the IEA announced on...
Strategic Petroleum Reserve to the Rescue?
Jim Hamilton: Strategic Petroleum Reserve to the rescue, econbrowser: The United States and Britain have apparently been discussing a joint release of strategic petroleum stockpiles. ... In fact we ran that exact experiment last year... Specifically, the IEA announced on...
World Energy Consumption since 1820 in Charts
Figure 1 shows the huge increase in world energy consumption that has taken place in roughly the last 200 years. This rise in energy consumption is primarily from increased fossil fuel use.
Figure 1. World Energy Consumption by Source, Based on Vaclav...
Paul Krugman: Natural Born Drillers
Why are Republicans turning to "Drill, baby, drill"?: Natural Born Drillers, by Paul Krugman, Commentary, NY Times: To be a modern Republican in good standing, you have to believe — or pretend to believe — in two miracle cures for...
SP-ecial R-elationship (or maybe not)
Reuters cites ‘two British sources’ that the UK will cooperate if the US unleashes crude from the Strategic Petroleum Reserve, and one source that it expects a request shortly....
10th ASPO Conference Program
The 10th International ASPO Conference will take place in Vienna, Austria over the course of three days from May 30 to June 1st 2012. The program nears completion and confirmed speaker details can be found below the fold. The conference will cover a wi...
"Oil Prices and the U.S. Economy"
Jim Hamilton is relatively unconcerned about oil prices: Oil prices and the U.S. economy, by Jim Hamilton: Here's why I believe that the current high price of oil is not enough to derail the U.S. economic recovery. Although the prices...
Oil in time
A chart from a presentation last week by Maria van der Hoeven, executive director of the International Energy Agency (IEA):The hat tip goes to John Kemp, Reuters analyst and...
Economistocracy declares oil the new Greece…
At least that’s the message from recent notes by Credit Suisse and HSBC, though we suspect this will change as we near the moment next week when we find out the results of...
Managed money goes LONG oil
The following chart comes via John Kemp at Reuters. And as he notes this one kind of speaks for itself:As a reminder, there are four reporting classifications: Producers, swap dealers,...
Getting physical, IOSCO
In case you missed it earlier on Thursday…IOSCO (the umbrella securities regulators’ body) has published a report asking for comments on regulating a rather key cog...
