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The Peak Oil Crisis: A $4 Trillion Hole

The Peak Oil Crisis: A $4 Trillion Hole Last week reporters at the Wall Street Journal sat down and did some arithmetic. They looked at how much oil was selling for in the spring of 2014 (over $100 a barrel); looked at what it is selling for today (under $50); and concluded that if prices […]

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Peak Oil Review – Dec 22

Peak Oil Review – Dec 22. 1.  Oil and the Global Economy Oil prices were volatile last week with New York futures trading around $55 a barrel and around $60 in London with little change at week’s end. In the absence of any solid news on supply or demand, traders jumped in and out of […]

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Peak Oil Review – Nov 11

Peak Oil Review – Nov 11. 1.  Oil and the Global Economy Oil prices fell sharply on Monday and Tuesday last week taking New York futures down from $81 a barrel to touch above $76 on Tuesday. Prices then recovered leaving NY oil to close out the week at $78.65, down 2.4 percent for the week and 27 […]

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Peak Oil Review – Oct 27

Peak Oil Review – Oct 27. New York futures continued to slide last week closing Friday at $81.01 for the fifth weekly loss. London oil traded quietly around $86 a barrel to finish out the week at $86.13, also down for the fifth consecutive week. There has been no change in the markets’ perception that there is […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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