Millions Of Barrels Of Oil Nobody Wants Are Floating In The Ocean
The price of oil is plummeting and millions of barrels of oil are being produced that nobody wants — and they’re going right to the ocean.
price of oil
The Default Move For US Oil Is Downward. Here’s Why
Originally published on OilPrice. By Martin Tillier As traders, investors and pundits, we all like to think that what we do is akin to a science. We believe that by working harder and being smarter we can give ourselves an edge, that enough research will reveal to us the next … [continued]
A Thought On Subsidies (Reader Comment)
Anti-wind and anti-solar folks (yes, there are a few out there — mostly tied to the fossil fuel industry) love to bring up renewable energy subsidies. However, there are so many reasons why they really shouldn’t be eager to do so. For example, fossil fuel and nuclear subsidies dwarf … [continued]
Without Competition, Oil Companies to Suck Money Out of Our Wallets
Below are some things to consider if you’re watching, listening to, or reading about Obama’s speech on energy in Miami today. They came to me from the Natural Resources Defense Council (NRDC) by email a few hours ago. Before sharing those insightful comments though, I’ll share a quick comment I … [continued]
