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What’s Behind The Crash In Crude?

What’s Behind The Crash In Crude? Oil prices crashed to new one-year lows on Tuesday, dragged down by a deepening sense of global economic gloom as well as fears of oversupply in the oil market itself. The reasons for the sudden meltdown were multiple. Rising crude oil inventories and expected increases in shale production weighed […]

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What Will Trigger The Next Oil Price Crash?

What Will Trigger The Next Oil Price Crash? Are we nearing another financial crisis? The supply-side story for oil prices is heavily skewed to the upside, with production losses from Iran and Venezuela causing a rapid tightening of the market. But the demand side of the equation is much more complex and harder to pin […]

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Norway Desperately Needs Large Oil Discoveries

Norway Desperately Needs Large Oil Discoveries Thanks to costs cuts and large oil discoveries made before the oil price crash, Norway will be able to sustain its oil and gas production over the next five years. But reduced exploration drilling and lack of big discoveries in the past two years spell trouble for Western Europe’s […]

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Guess What Happened The Last Time The Price Of Oil Crashed Like This?…

Guess What Happened The Last Time The Price Of Oil Crashed Like This?…. There has only been one other time in history when the price of oil has crashed by more than 40 dollars in less than 6 months.  The last time this happened was during the second half of 2008, and the beginning of that […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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