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Tag: non-OPEC supply


Commercialization, Conventional Fuels

OPEC Faces Same Old Problem Of Oil Supply Glut From New Producers

December 30, 2019

Via: Forbes

Growth in U.S. oil production may have started to slow, but the Organization of the Petroleum Exporting Countries (OPEC) is sorely mistaken if it thinks it will soon be out of the supply-cut game. While U.S. shale has been overwhelmingly […]


Commercialization, Conventional Fuels

Is The Current Oil Price Sustainable?

February 27, 2019

Via: Forbes

When the price of oil was over $100 a barrel, I was often derided for suggesting that level was a) elevated and b) unsustainable. (I was also derided in 2006 for suggesting in Forbes the price might go as low […]


Commercialization, Conventional Fuels

Why Oil Prices Are High Today Tells Us Where They Will Go Tomorrow

June 15, 2018

Via: Forbes

Again and again, market observers have been confounded by their inability to differentiate between transient events and long-term, physical constraints. After the first oil price increase in 1973, many argued for mean-reversion and thus were discredited when prices soared during […]