Thursday , 13 December 2018


Tag Archives: IEA

Crude Oil Supply, Demand and Price Projections are Flawed – Here's Why

When it comes to the future of oil, there is much speculation, but little hard analysis. You have the official line from the IEA that has oil prices stopping their abrupt rise and creeping up at a comfortable pace for the next 25 years. You have peak oilers shouting that we've run out of oil and the end is near. [Let's take an indepth] look at the various models and forecasts [and determine] what is logical, what is wild speculation, and what you should expect for oil prices in the coming years. Words: 1410

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Get Positioned: Oil & Uranium Going to Record Highs! Here's Why

As the world approaches ‘Peak Oil’ crude oil usage will begin to be rationed more and more and the world will turn to nuclear energy to meets its energy needs. As such, expect both oil and uranium to surpass their previous record levels of US$147 per barrel and US$140 per pound, respectively, within the next 2-3 years. Let me explain why. Words: 1446

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Hess: $140 Oil was NOT an Aberration – It was a Warning!

Once economic growth recovers, it is likely we will return to the market conditions of 2008. The price of $140 per barrel oil was not an aberration; it was a warning. An oil crisis is coming that could prove devastating to future economic growth. Given the long lead times of 5-to-10 years from oil discovery to production, we need to act now to avert this outcome. Words: 862

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