Monday, September 28, 2009
Brazilian Exceptionalism
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Brazil is exceptional with its beautiful beaches, vast lush land mass and optimism (sounds like the US). I am currently in the center of the...
Thursday, September 24, 2009
Financial Times and Floating Storage
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I was quoted in a Financial Times story today on floating storage barrels coming ashore being an oil price lid for the moment: “The conta...
Increasing Diversity of Transportation Fuels
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As you will know from Oil 101 , natural gas has been finding an increased use as an alternative to oil as a transportation fuel in a particu...
Wednesday, September 23, 2009
Ahoy Ahoy: Floating Storage Coming Ashore
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The chart above (Chart 1) puts this week's bearish US oil inventories (released each Wednesday) in perspective. Oil prices dropped by US...
Oil Discoveries Up...Still Not Enough
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Although new oilfields are discovered every year, it is unfortunately a fact that the number of large oilfield discoveries has been in a mul...
Tuesday, September 22, 2009
CNBC Commodities
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On CNBC's Closing Bell live today I spoke with Maria Bartiromo about commodities. ( click here to view on CNBC's site if it doesn...
Monday, September 21, 2009
Raising Retail Taxes on Oil is a Bad Idea
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An article by Thomas Friedman in the NY Times today calls for the US government to raise retail taxes on oil. In the past I have discussed ...
Sunday, September 20, 2009
Oil and the White Swan Non-Event
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The expected continues not to happen. Black swan events tend to be thought of as low probability events which occur. There can also of cour...
Wednesday, September 16, 2009
Chinese Oil Demand Shock
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Running through many historical scenarios for other developing nations such as Brazil and Thailand I have come to the stark conclusion that ...
Monday, September 14, 2009
What is it about 4.6 barrels per year?
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Cats are curious (a friend of mine behind the computer screen) Since 1982 the number of people in the world has grown by almost 45% or 2 b...
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