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Olduvai III: Catacylsm
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The Oil and Energy Macro

The Oil and Energy Macro U.S. oil reserves reached a new record in 2022. Crude oil and condensate proved reserves exceed 48 billion barrels (Figure 1). Reserves declined from 1969 to 2006 then increased with additions from the deepwater Gulf of Mexico and Tight Oil. Tight oil accounted for 27 billion barrels (56% of total) […]

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WAR & PETROLEUM RESERVES

WAR & PETROLEUM RESERVES In the interest of analytical balance, we would do well to consider the possibility of war strategies when it comes to the global stockpiling of petroleum reserves.  In the years leading up to the German invasion of Poland, the world witnessed dramatic decreases in the price of oil as well as […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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