Scarce Whales
Thursday, October 29, 2009

Don't Cry for WTI

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Oil market pricing formulae and the benchmarks used in those formulae change over time as crude production that had been the basis for indiv...
Sunday, October 25, 2009

Tale of the Curves

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In each of the past four years the spot oil market has traded around US$80 per barrel (see chart 1 below). Over that time, we have seen a hi...
Tuesday, October 20, 2009

Vehicle Purchasing: Value...not Brand

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Vehicle brand loyality in the US is dead ( NYTimes ). The shift in vehicle purchasing considerations toward value and efficiency and away fr...
Monday, October 19, 2009

Bloomberg TV This Afternoon

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I appeared live on Bloomberg TV earlier today to discuss oil. Oil may rise to $95 a barrel this year as demand for heating fuel kicks in an...
Saturday, October 17, 2009

Financial Sense Newshour

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An audio interview I had with the highly respected Jim Puplava of Financial Sense Newshour is here . Toward the end of the interview Jim s...
Thursday, October 15, 2009

Oil Market Break Out

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(click chart to enlarge) Crude oil hit a new high for the year 2009 today, crossing above US$78 per barrel.  We have finally broken out of ...
Tuesday, October 13, 2009

Feedback 101

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Do you have ideas to improve Oil 101 and/or this web site? The primary goal of the book and this site is to improve understanding of energy...
Monday, October 12, 2009

Clunker Flunker? An Observation In Hindsight

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The US cash for clunkers program was designed to stimulate economic growth through the auto industry by encouraging individuals to trade in ...
Saturday, October 10, 2009

Is Natural Gas the New Oil?

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Source: EIA and IEA data.  Chart from Page 7, Fig. 1-3, Oil 101 There have been a  number of stories over the past week about the growth...
Friday, October 9, 2009

Oil Demand Destruction Destroyed

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The IEA this morning raised its 2010 forecasted oil demand by 0.35 million barrels per day (Mb/d) to 86.1 Mb/d. This means 2010 oil demand...
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