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Olduvai III: Catacylsm
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What Is Behind Surging Gas Prices?

What Is Behind Surging Gas Prices? As gas stations raise prices in the wake of Hurricane Harvey, there have been numerous accusations of price gouging. Especially on social media, some are quick to conclude price gouging if they see gasoline prices go up by 10 or 20 cents per gallon over the course of a […]

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A War With North Korea Could Send Oil Prices Skyrocketing

A War With North Korea Could Send Oil Prices Skyrocketing An open military conflict in Northern Asia would disrupt more than a third of global seaborne crude oil trade, Wood Mackenzie warned last week amid yet another escalation between North Korea, its neighbors, and the U.S. Such a conflict would cripple North Asia’s production and […]

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Harvey Hangover Hits Pump Prices, Jet Fuel Premium Highest Since 2008

Harvey Hangover Hits Pump Prices, Jet Fuel Premium Highest Since 2008 “It’s only just beginning,” warned one seasoned veteran energy trader as the hangover from Hurricane Harvey flows downstream to retail gas prices and jet fuel premiums. As Bloomberg notes, Harvey impact currently includes: Colonial says it’ll commingle Rbob and conventional gasoline Explorer Pipeline planning to start […]

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Saudis Expand Price War Downstream

Saudis Expand Price War Downstream The undisputed king of oil and gas is making some moves that could change the face of the global refining sector. In June 2015, Saudi Arabia pumped a record 10.564 million barrels a day, a record level. As if being the world’s biggest exporter of oil was not enough, the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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