This Week in Petroleum 11-21-07

2nd Update: Well, we got that big surprise, primarily because crude imports were sharply down from last week. Some excerpts: U.S. crude oil refinery inputs averaged 14.9 million barrels per day during the week ending […]

How Would You Manage Saudi’s Reserves?

Too often people try to interpret comments or actions from Saudi Arabia, without attempting to understand the issues from their perspective. I think it is a useful exercise to ask whether their specific actions or […]

U.S. versus U.K. on Gasoline Prices

In the U.S., high gas prices tend to focus anger toward oil companies. In fact, as a reader recently pointed out, Shell’s CEO has even gotten death threats over the issue: Oil CEO Receives Death […]

Harnessing the Tides

I saw an interesting story from the Miami Herald a few days ago: Keys man’s dream: Harnessing the tides KEY WEST — Douglas Bedgood recently stood on a defunct Henry Flagler railroad bridge, watching as […]

This Week in Petroleum 11-15-07

2nd Update Now, 30 minutes after the release of the report, the market is starting to react, and oil prices are falling. Are traders really that slow to react? Or is that some kind of […]

Who’s Watching Oil Watchdog?

NEWS RELEASE November 14, 2007 “Consumer Advocacy” Group Under Investigation Group Charged with Deceptive Journalism and Misrepresentation Santa Monica, CA — Judy Dugan, Research Director for the Foundation for Taxpayer and Consumer Rights (FTCR), again […]

A New Peak?

In what must be an imminent Doomer’s worst nightmare, the IEA has signaled that October 2007 was the highest ever oil production month on record. After reporting that September production came in at 85.1 million […]

IEA Slashes Demand Projections

Today the International Energy Agency (IEA) released their Oil Market Report. While the report is only available for subscribers for the first 2 weeks following the release, reports are already emerging on some of the […]

Prepare for Volatility

I saw a comment from someone yesterday that if this week’s inventory report shows a sharp drop in crude inventories, oil will probably spike up above $100. I do think that because of the storms […]

Vinod Khosla Scoops Me

Some people think I am anti-ethanol. That is an oversimplification, and a misrepresentation of my position. I have nothing against ethanol as a fuel. It isn’t as good a fuel as butanol, but then again […]