Why It’s Tough for OPEC to Fight the Frackers

The OPEC nations are having a tough time deciding what oil price to target because it all depends on how U.S. shale oil producers will respond.

Why Oil Always Surprises Us

“An Oracle of Oil Predicts $200-a-Barrel Crude” The headline was in the NY Times on May 21, 2008. Because the prediction came from a Goldman Sachs analyst who had been right about $100 a barrel oil when no one thought that…

The Missing Oil Mystery

The oil supply and demand data from the IEA that markets depend on could be inaccurate because it includes oil that might not exist.