Tag Archives: OPEC

Road Map to the Next Repricing of Oil: September Issue of TerraJoule.us

Each issue of TerraJoule.us contains:?a Main Essay, a Model Portfolio, a Data Brief, and a link to a?Downloadable Podcast. Gregor Macdonald, Editor. Readers may purchase each issue individually, through Ganxy.com: Purchase. Or, readers may also take a 12 month subscription through Gumroad.com: Annual Subscription. This month’s publication,?Road Map to the Next Repricing of Oil, ?explains […]

The Repricing of Oil

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website, Peak Prosperity.com. Accordingly, I’ll be publishing the first (and free) part of these essays here at คาสิโนออนไลน์ ฟรีเงิน2019 www.anastasiaartdesign.com. Enjoy. — Gregor Now that oil’s price revolution – a process that took ten years to complete – is self-evident, it […]

The Cruel Math of the Marginal Barrel

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website. Accordingly, I’ll be publishing the first (and free) part of these essays here at คาสิโนออนไลน์ ฟรีเงิน2019 www.anastasiaartdesign.com. Enjoy. — Gregor There’s been a lot of excitement in the past year over the rise of North American oil production and the […]

Understanding the New Price of Oil

Dear Readers: I’m currently writing a long-form post twice a month now for Chris Martenson’s excellent website. Accordingly, I’ll be publishing the first (and free) part of these essays here at คาสิโนออนไลน์ ฟรีเงิน2019 www.anastasiaartdesign.com. Enjoy. — Gregor ___________________________________________________________________________ In the Spring of 2011, when Libyan oil production — over 1 million barrels a day (mpd) — was […]

All My (Economist) Friends Get High: California Jobs

California reported its job numbers on Friday, and once again it was not good news. Although total California employment in January “rose” to 15.905 million people, this is only because December was revised down from 15.945 million to 15.878 million people. And November was revised downwards also. Thus, a full three years after the peak […]

Spare Capacity Theory

There are many things that people know about oil markets. This is especially true of those who know little, about oil. They know that oil prices, for example, are controlled by ExxonMobil. Or, at the very least, by nefarious speculators in the futures market. They also know that global oil producers don’t use much of […]

Happy New Year from The North Sea. Or, Secrecy By Complexity

The dramatic fall of Mexican oil production, and its largest field Cantarell, is often cited as a signature example of the problems facing Non-OPEC supply. Since the production highs of 2004-2005, Mexican production has lost over 800 kbpd (thousand barrels per day) which is fairly dramatic for a country that was producing around 3.4 mbpd […]

The Ascent of Middle East Food and Energy Demand

At the EIA’s International Energy Outlook (IEO) presentation this May the issue of future oil exports from OPEC nations came up, and in an interesting way. Readers may be familiar with the phenomenon of declining net exports, from major oil producing nations, as a result of internal demand from growing, domestic populations. The phenomenon was […]

Revival of the Petrodollar Recycling Machine

Generally we think of the Federal Reserve as being very queasy, in an old school sort of way, about rising oil prices. But at a time of collapsed trade flows and the attendant reduction in Dollar reserve building, might the FED secretly welcome an advance in the price of oil? Readers of this site know […]

Car Country

The unemployment rate in Riverside County California now approaches 13%. In the State of Indiana, unemployment approaches 10% and in Michigan it’s above 12%–though in many cities within these states, unemployment is higher, above 15%. The Central Valley of California is particularly hard hit. It’s fascinating that the United States has just gone through its […]