-
-
-
Gold Price (Dollars per Oz)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
Tag Archives: opec
Are You Prepared for $200 per Barrel Oil?
The popular theme among politicians and the ruling elites is that crude oil will enter a secular price decline as global demand turns towards renewable energy. What these eggheads don’t readily acknowledged is that such a transition takes time. Demand for oil will decline much slower than available supply, especially when investment in production is curbed. Continue reading
Posted in MN Gordon, Politics
Tagged esg, oil, opec, renewable energy, west texas intermediate crude
28 Comments
The Oil Curse Comes to Washington
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
Doom and Gloom for North American Oil Producers
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
Posted in Economy, MN Gordon
Tagged bankruptcy protection, oil hedges, oil prices, oil producers, opec
Leave a comment
