84 Results for:

February 12, 2015

Americas
CFR Expert Blake Clayton Proves Oil-Market Anxiety Is Irrational in New Book

Over the last hundred years, many experts have fallen prey to fears that the world’s oil is dwindling and prices are doomed to rise, yet such predictions have repeatedly proven wrong, writes Blake C…

February 2, 2015

Fossil Fuels
Market Madness

Market Madness explores the conditions in which oil supply fears arise, gain popularity, and eventually wane, and demonstrates the significant effects these stories have on financial markets.

July 8, 2013

Fossil Fuels
The Case for Allowing U.S. Crude Oil Exports

Federal lawmakers should overturn the ban on exporting crude oil produced in the United States. As recently as half a decade ago, oil companies had no interest in exporting U.S. crude oil, but that h…

June 26, 2013

Cyber Threats to Oil and Gas Supplies: How Much of a Worry Are They?

What harm could a cyber attack do to oil and gas production? Could it cause a catastrophic if temporary loss in supplies, sending prices soaring?  Does it pose a serious threat to oil companies’ oper…

March 29, 2013

China
The End of Energy as We Know It… In Three Graphs

Want to understand the energy challenges the world might face in the future? There are few better places to turn than this year’s BP Energy Outlook to 2030, an annual publication that shows the compa…

The End of Energy as We Know It… In Three Graphs

March 27, 2013

Technology and Innovation
Three Graphs That Resource Pessimists Don’t Want You to See

My last post noted that inflation-adjusted natural resource prices—even for exhaustible resources—tend to fall over time. This trend surprises people who think that prices are doomed to rise indefini…

Three Graphs That Resource Pessimists Don’t Want You to See

March 22, 2013

Technology and Innovation
Bad News for Pessimists Everywhere: Malthus Was Wrong

There is a tempting intuition to the idea that the real prices of non-renewable goods like coal, iron ore, or oil should rise, more or less, forever. It’s an easy argument to make, and it sounds righ…

Bad News for Pessimists Everywhere: Malthus Was Wrong

March 15, 2013

Fossil Fuels
Could the North American Shale Boom Happen Elsewhere?

The dramatic takeoff in oil and gas production in the United States and Canada over the last half decade has left many people asking whether a similar boom will happen in other countries. It’s a good…

February 22, 2013

Fossil Fuels
Asking the Right Questions About Changes in Derivative Markets

As part of a book I’m working on, I’ve spent some time wading through the econometric literature on speculation in commodity markets, oil in particular. This body of research tries to shed light on h…

Asking the Right Questions About Changes in Derivative Markets