“With price increases largely reflecting scarcity in export supply, global competition for securing foodstuffs is set to intensify.”
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2014 ASPO-USA Update–Prepared by Richard Vodra. Introduction The story of America’s new energy abundance has been accepted uncritically by too many people. A closer look at the realities of today and the last decade, coupled with a better understanding of our energy and oil systems, reveals risks that must be discussed and included in planning […]
By Steve Andrews. BP just released its latest annual Statistical Review of World Energy. ASPO-USA co-founders Randy Udall and Steve Andrews first collaborated in 2005 on a summary table to highlight key parts of the BP data. It has been updated annually with each new release from BP. The latest update with commentary by […]
There has been considerable talk in the US of late about not only future energy exports but even about using an “energy weapon” against Russia. While that might be nice, it’s wishful thinking. An energy commentator who thought in depth about the US’s energy policy back-story and the myth of oil independence was Randy Udall, […]
By David Hughes (Note: Commentaries do not necessarily represent ASPO-USA’s positions; they are personal statements and observations by informed commentators.) “Natural gas output from US’ Marcellus edges closer to 15 Bcf/d: EIA” declared the headline in Platts that attracted my attention, since the latest data on the Marcellus shale gas play of PA and WV indicated production […]
Tom Whipple, Editor Contents 1. Oil and the Global Economy 2. The Middle East & North Africa 3. Ukraine 4. Quote of the Week 5. The Briefs 1. Oil and the Global Economy The petroleum complex fell yet again last week as supply outpaced demand. Brent crude has now dropped 20 percent from its June […]
By Tom Whipple Contents 1. Oil and the Global Economy 2. The Middle East & North Africa 3. China 4. Ukraine 5. Quote of the Week 6. The Briefs 1. Oil and the Global Economy New York oil futures climbed some $2.50 a gallon last week to close Friday at $93.50. Meanwhile Brent futures sustained a 1.4 percent loss for the week, closing […]