Advertisement

February 11, 2013

Riding the Petroleum Rollercoaster

Chris Rhodes, OilPrice.com


bloomberg

I wrote the following in a previous posting but there are a number of points of issue, which I shall now address. In particular, the aspect of the apparent rate of decline of oil production needs clarification, and indeed what exactly is meant by "oil. . ."

Read Full Article ››

TAGGED: gasoline, OilPrice.com, oil, oil prices

RECOMMENDED ARTICLES

January 31, 2013
China's 'Blackest Day' Is Still to Come
Wolf Richter, OilPrice.com
The “Blackest Day,” is how The Economist called January 12 when the Air Quality Index (AQI) in Beijing rose to a record 755. It was “Beyond index” on a scale where the worst level, “Hazardous,”... more ››
February 11, 2013
The Unsurprising Return of Dear Sweet Crude
The Economist
Crude oil prices are creeping up again and bringing petrol prices with them. As Jim Hamilton notes, this may catch some Americans by surprise, given all the talk these days of the new American oil boom. But as he writes, while... more ››
February 7, 2013
Pump Prices Fleecing Americans of Paychecks
Energy Info Administration
Gasoline expenditures in 2012 for the average U.S. household reached $2,912, or just under 4% of income before taxes, according to EIA estimates. This was the highest estimated percentage of household income spent on gasoline in... more ››
February 11, 2013
Why Is U.S. Oil Consumption Lower? Better Gas Mileage?
TOD
United States oil consumption in 2012 will be about 4.7 million barrels a day, or 20%, lower than it would have been, if the pre-2005 trend in oil consumption growth of 1.5% per year had continued. This drop in consumption is no... more ››
|