Herding Behavior

The bandwagon on $100 oil filled up very quickly. I thought we were likely to see $100 oil next year, which is why I have consistently said I wouldn’t make that bet on oil prices […]

Oil Flirts With $90

I feel like I am watching a car wreck in slow-motion: Oil finishes at all-time high above $89 NEW YORK (CNNMoney.com) — Oil prices pushed into record territory Thursday, finishing at an all-time high above […]

This Week in Petroleum 10-17-07

As I watched oil hit $89 earlier today, I just shook my head and said “We have to be very close to the top.” After all, this happened in spite of bearish news that crude […]

Where I Go for Comic Relief

I am going to have to start issuing my own press releases. That’s what our good friends at Oil Watchdog – the oil-hating arm of the FTCR, like to do. They write their own press […]

About That Oil Price

Update: Crude closes at another record: Oil prices end at record high Light, sweet crude for November delivery rose $1.48 to settle at $87.61 a barrel on the New York Mercantile Exchange. Oil prices reached […]

Oil Tops $85

Update: Oil smashes $86 for the first time This week’s inventory report will be very interesting. If there is a significant build, the price could unravel quickly. If there is another surprise on the downside, […]

Answering Questions – Part II

OK, I think this finishes off the questions. Thanks to all who asked a question. I think this has been a productive exercise, and I hope you find my answers useful. I may do this […]

Answering Questions – Part I

Back in Aberdeen after some very interesting meetings in London, some of which I hope to be able to discuss in the not too distant future. I started working my way through the list of […]

The Floor is Open for Questions

I will be in London for the rest of the week without Internet access, but I thought I would open up the floor for any questions readers may have. Since I have withdrawn from the […]

r2dot.org is Live

A while back, Robert Rohatensky, of SHPEGS fame (and another “R-Squared”), asked if I would be interested in helping him set up a Slash-based energy site. The idea would be a place where anyone could […]