This is another installment of my work in progress about credit, interest rates and the oil price. Though many of the mechanisms for some time (as in several years and in some circles) have been well understood, nothing beats having the cover of data/reports from authoritative sources. In this post I present the observations andContinue reading “The Crude Oil Price and Changes to Total Global Private Credit/Debt”
Category Archives: oil price
THE REVIVAL OF MOUNTRAIL’s ”OLD” SWEET SPOTS
This post is an update and slight expansion of my previous post In Bakken (ND) it is now mostly about McKenzie County about developments in light tight oil (LTO) extraction in the Bakken/Three Forks formations in North Dakota. It also includes a little about developments in LTO extraction from Bakken/Three Forks in Elm Coulee, Montana.Continue reading “THE REVIVAL OF MOUNTRAIL’s ”OLD” SWEET SPOTS”
NORWAY’s PETROLEUM ECONOMY STRUGGLES WITH DECLINING DEBT PRODUCTIVITY
In this post I present a closer look into the developments in the Norwegian Gross Domestic Product (GDP) and the Marginal Productivity of Debt (MPD) from households, non-Financials and municipalities. Further a brief update on developments in credit/debt growth (for households, non-Financials and municipalities) in Norway. Sovereign debt and debts in the financial sector areContinue reading “NORWAY’s PETROLEUM ECONOMY STRUGGLES WITH DECLINING DEBT PRODUCTIVITY”