In this post I present some of my observations and thoughts about the developments in the oil price, supply and demand, exchange rates (relative to the US dollar), petroleum stocks and what near term factors are likely to influence the oil price. The price of oil (and other commodities) appears to have been influenced byContinue reading “World Crude Oil Production and the Oil Price, August 2015”
Tag Archives: OECD
Growth in Global Total Debt sustained a High Oil Price and delayed the Bakken “Red Queen”
The saying is that hindsight (always) provides 20/20 vision. In this post I present a retrospective look at my prediction from 2012 published on The Oil Drum (The “Red Queen” series) where I predicted that Light Tight Oil (LTO) extraction from Bakken in North Dakota would not move much above 0.7 Mb/d. Profitable drilling inContinue reading “Growth in Global Total Debt sustained a High Oil Price and delayed the Bakken “Red Queen””
The Crude Oil Price and Changes to Total Global Private Credit/Debt
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”
Fractional Flow 