Crude oil prices
are high but well below the summer of 2008. Why then are gasoline
prices near the all time high when crude oil prices
reached $145 per barrel.
How much of
the oil price is due to Iran and how much to the six other countries
with the potential for a major supply interruption.? What is the impact
of a weakened European
economy? How much to the value of the dollar? How much can be
attributed to China and the
rest of Asia? Why did demand grow so fast in China, India and most of
the OPEC member countries? Is it all just due to their economic growth?
How much of the
price can be
attributed to speculators? How much is due to the index fund
speculation by institutional investors? Can the CFTC fix this problem?
Have we hit peak
oil, peak investment or peak consumption? How much spare oil production
capacity exists and how does it relate to price? Most spikes in oil
prices are associated with war or civil unrest in exporting countries.
Which producers are at greatest risk for war or revolution?
Geopolitical risk of a supply interruption has never been higher.
drilling for natural gas eliminate U.S. dependence on oil imports?
We also look at
the broader picture examining hydrocarbon's place in the world's energy
Don't have time for detail?
Concise analysis and summaries focus on the major factors that impact oil, natural gas and petroleum product markets and prices. To help you keep up with companies and countries in the news you will receive Energy Economist Newsletter 3-4 times a week with analysis, links to news sources from across the globe, and access to our subscriber website.
Weekly: Clients have access to over 2,000 graphs, charts and tables of production, imports, inventories and demand for gasoline, diesel, jet fuel and other petroleum products on a global, national and regional basis. Exploration and production is monitored with 100 graphs of drilling activity: onshore, offshore, oil, gas, directional and horizontal drilling for the U.S. and Canada, supplemented with monthly graphs and analysis of the international drilling activity.
Monthly: World production for OPEC member countries and other major producing nations; petroleum demand and stocks of OECD countries; international rotary rig count; U.S well completions and workover rig counts.
If you are concerned about energy prices and markets, and their impact on your business, our energy market series will help you understand the economic and political factors that determine market prices.
email WTRG at firstname.lastname@example.org