Silver as an investment

Category Archives: Energy economics

How Russia Could Strike Back Against US Sanctions In 4 Simple Maps

Authored by George Friedman, Xander Snyder, and Ekaterina Zolotova via MauldinEconomics.com, The US Congress has passed new sanctions targeting Russia’s energy companies. Among the other notable aspects of the sanctions is that they take some authority away from the US president (who used to be able to implement some measures but not others at his […]

‘Inconvenient’ – Al Gore’s Home Devours 34 Times More Electricity Than Average U.S. Household

Authored by Drew Johnson via The Daily Caller, On Friday, Al Gore’s sequel to “An Inconvenient Truth” – “An Inconvenient Sequel: Truth to Power” – arrives in movie theaters across the country. But there’s another inconvenient sequel worth noting and, like most sequels, this one is even worse than the original. Gore’s hypocritical home energy […]

Visualizing “Things To Come” – A Timeline Of Future Technology

Making predictions about future technology is both fun and notoriously difficult. However, as Visual Capitalist's Jeff Desjardins explains, such predictions also serve a very practical purpose for investors and business leaders, since failing to adapt to changing industry paradigms can completely decimate a business venture, turning it into the next Blockbuster, Kodak, or Sears. Today’s infographic […]

BofA Stunned By Drop In Gasoline Demand: “Where Is Driving Season?”

Exactly six months ago, when oil bulls still held on to some fleeting hope that OPEC may somehow stabilize the crash in oil prices despite the shift in marginal oil production from low-cost OPEC producers to US shale (a hope which is now gone as the just disclosed letter from Andy Hall demonstrates), Goldman noticed […]

The Inevitability Of DeGrowth

Authored by Charles Hugh Smith via PeakProsperity blog, Even though we don't know precisely how the future will unfold, we know a few things about it: Of the 7.5 billion humans on the planet, virtually every individual wants to enjoy a high-energy consumption “middle-class” lifestyle. As a generous estimate, 1.5 billion people enjoy a high-energy […]

Forget Draghi, Crude Matters

Authored by Jeffrey Snider via Alhambra Investment Partners, Despite Mario Draghi’s supposedly misinterpreted comments earlier this week, there are global indications that the best of this round has already been reached. Policymakers are always going to claim things are improving, that much is given. But there is tremendous difference between that and what has occurred, […]

Is $50 Oil Still Realistic?

With crude (and gasoline) prices doing nothing but tumble since OPEC announced its 'extension' deal, erasing all the hope-fuelled bounce off cycle lows, the question once again becomes, is $50 oil still realistic? Via OilPrice.com's Nick Cuningham, Oil prices have plunged back to levels not seen since OPEC announced its original production cut deal last […]

The 5 Possible Outcomes Of The OPEC Meeting

Authored by Nick Cunningham via OilPrice.com, The highly-anticipated OPEC meeting is taking place this week, but unlike the last few meetings, the hype and excitement is much less palpable. That is largely because the end result is thought to be a foregone conclusion. Last week, Saudi Arabia and Russia telegraphed the events of the May […]

The Math Behind OPEC’s Revised Production Cut Still Does Not Work

“Whatever it takes.” Saudi Energy Minister Khalid al-Falih and Russia’s Energy Minister Alexander Novak That’s what Saudi Energy Minister Khalid al-Falih and his Russian counterpart Alexander Novak said in a statement overnight in Beijing they would do to reduce the global oil inventory overhang, using the immortal phrase coined by ECB’s Mario Draghi five years […]

Oil Surges After Saudis, Russians Agree To 9 Month OPEC Output Cut Extension; US Futures Flat

In an otherwise quiet session in which European shares dropped, Asian equities rose and S&P500 futures were little changed, crude oil surged above $49 on high volume, after the Saudi and Russian energy ministers said in Beijing they favor extending the OPEC production cut for 9 months, though the end of Q1 2018. WTI rose […]