Oil Moving Back Up

On my latest trip to Amsterdam this week I saw 19 oil tankers parked off the coast in the North Sea (ironically next to a Dutch offshore wind farm). These tankers are being used for […]

Dueling Price Predictions

I have seen a flurry of recent predictions on oil and gas prices going forward, so I thought I would share some. Most of them support the thesis I recently put forward that we are […]

The Next Five Years

Peak Lite and the Current Oil Picture A few years ago, after spending a lot of time thinking about peak oil, and then watching the price of oil break out of its historical trading range […]

Why Gas Prices are Rising Again

Every time gas prices start to go up, my essay “Why Are Gas Prices Rising?” gets a lot of hits from Google searches by people looking for an explanation. Because the supply/demand dynamics have changed, […]

Top 10 Energy Stories of 2008

Tis the season for Top 10 stories, and here are what I think were the Top 10 energy stories of the year. 1. Unprecedented volatility in the energy markets Oil prices raced to nearly $150 […]

Rank the Top 10 Oil Stories of 2008

As I recover from a backlog of work, one of the stories I plan to write is a post covering the top energy stories of 2008. Around that theme, Platts just put up a request […]

Mega-Bear versus Super-Spike

Update: Never say never. Today, the prediction I made in 2005 that WTI would never again fall below $50 has fallen. Front month WTI as of this writing has dipped to $49.75. But it will […]

The Demise of the Oil Bubble

When I made my $1,000 bet that oil prices wouldn’t reach $100 in 2007, I felt like that was a pretty safe bet. Up until about the first week of September in 2007, it was […]

Five Reasons Oil is Headed to $250

Any time I write about investing, I always stress the long-term. Short-term fluctuations don’t drive my investment decisions. I try to see 5 or 10 years into the future, and position myself accordingly. This is […]

OPEC Defends $100 Oil

I had a feeling we were going to see this pretty soon in response to falling oil prices. It seems that OPEC has grown fond of the idea of oil >$100/bbl. Iran and Venezuela have […]