Tag Archive: Energy

Oil market outlook: Land in sight but rough seas ahead

2020-12-07

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2020-12-07

In November, new vaccines showed great promise in fighting Covid-19, and the exhilaration was clear in markets around the world. However, the enthusiasm was not sustained. Many experts and political leaders rushed to warn that while a vaccine could mean the end of the health crisis, the economy – and oil markets in particular – are still in for a rough ride.

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US Industry Experiences The Full 2014 Again in February

2018-03-20

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2018-03-20

US Industrial Production, Jan 2006 - 2018
In February 2018, it was like old times for the US industrial sectors. Prior to the 2015-16 downturn, the otherwise moribund economy did produce two genuine booms. The first in the auto sector, the other in energy. Without them, who knows what the no-recovery recovery would have looked like. They were for the longest time the only bright spots.

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Destroying The “Wind & Solar Will Save Us” Delusion

2017-02-05

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2017-02-05

World Energy Consumption, 1985 - 2015
Submitted by Gail Tverberg via Our Finite World blog, The “Wind and Solar Will Save Us” story is based on a long list of misunderstandings and apples to oranges comparisons. Somehow, people seem to believe that our economy of 7.5 billion people can get along with a very short list of energy supplies. This short … Continue reading »

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The Dos Santos Succession Saga

2016-08-21

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2016-08-21

Arguably one of the easier calls for us to make after 37 years in power was that President dos Santos would find ways of affording himself another 5 years in. Like any ‘effective’ leader, Mr. Santos made sure the final deal to do just that was stitched up long before the Party Congress formally convenes in Luanda, with a lower level MPLA ‘Central Committee’ already rubber stamping his name in mid-August.

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China the lender of last resort for many oil producers

2016-06-21

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2016-06-21

Bawerk explains how China will be the lender of last resort of many oil producers. China might let collapse a smaller producer and become much smarter at covering its political bases across producer states to protect longer term sunk costs.

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OPEC’s Game within a Game

2016-06-02

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2016-06-02

The fact OPEC just agreed to agree on nothing in Vienna. What next? Lots of noise about collective output vs. country allocations.

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OPEC’s Doha Dilemma: 3mb/d US lock in?

2016-03-29

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2016-03-29

Bawerk shows that more than 3 mb/d of American oil production was helped by US$55.5bn in credit facilities, by excessive debt. This production is now at risk and the debt may not be repaid. The big OPEC players are playing against US shale oil and some smaller OPEC members that have higher costs.

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Latin America – Seven Ugly Sisters in Deep Political Trouble

2016-03-24

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2016-03-24

Get beyond endless Latin American headlines burning column inches and you come to far broader strategic conclusion: The seven ‘ugly Latino sisters’, namely Brazil, Venezuela, Ecuador, Bolivia, Colombia, Mexico and Argentina are all deep political trouble from collapsed benchmark prices.

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Can Maduro Mayhem Last to 2017

2016-02-26

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2016-02-26

Things are turning increasingly ugly in Venezuela between President Maduro and the opposition MUD. The core political problem after December 2015 elections is the PSUV are now using the courts to neuter any opposition voices that formally hold a legi...

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