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Olduvai III: Catacylsm
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The Chilling Thing Devon Energy Just Said About the US Oil Glut

The Chilling Thing Devon Energy Just Said About the US Oil Glut The oil-price plunge hit the industry when it was drunk on its own exuberance and awash in money. At the time, over-indebted junk-rated drillers had no trouble borrowing even more to drill more, efficiently or not. Dreadful IPOs flew off the shelf. Misbegotten […]

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Epsilon Theory – Salient Partners | The Unbearable Over-Determination of Oil

Epsilon Theory – Salient Partners | The Unbearable Over-Determination of Oil. You know you’re in trouble when the Fed’s Narrative dominance of all things market-related shows up in the New York Times crossword puzzle, the Saturday uber-hard edition no less. It’s kinda funny, but then again it’s more sad than funny. Not a sign of a market […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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