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Olduvai III: Catacylsm
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The New Cartel Running the Oil Sector

The New Cartel Running the Oil Sector As oil prices wallow near multi-year lows, it’s becoming increasingly clear that the new cartel controlling oil prices is not OPEC but world credit markets. From Saudi Arabia’s record $100 billion deficit to shale oil’s continuing reliance on cheap credit funding, it’s clear that no major oil producer or company in the […]

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Who’s afraid of $50 oil? (Answer: Canada’s oil industry)

Who’s afraid of $50 oil? (Answer: Canada’s oil industry) Oil below $50 a barrel could spur another leg down for Canada’s oil industry It may be high summer on the calendar, but Canada’s energy companies are already looking towards the coming winter. What they see is looking worse now than it was even a month […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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