Tag Archives: opec

The Oil Curse Comes to Washington

Posted on April 27, 2018 by MN Gordon

Prices rise and prices fall.  So, too, they fall and rise.  This is how the supply and demand sweet spot is continually discovered – and rediscovered. When supply exceeds demand for a good or service, prices fall.  Conversely, when demand … Continue reading →

Posted in MN Gordon, Politics | Tagged , , , , | 14 Comments

Doom and Gloom for North American Oil Producers

Posted on December 29, 2015 by MN Gordon

To the dismay of U.S. shale producers, oil prices continue their long slow slide into the abyss.  Perhaps the current price of $35 per barrel – an 11 year low – is the final destination.  More than likely, however, it’s … Continue reading →

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