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Archive for May, 2013

Peak Oil Review – 27 May 2013

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By Tom Whipple 1. Oil and the Global Economy Oil prices fell some $3 a barrel last week on indications that China’s manufacturing has slipped to a seven-month low, weak demand from the US, and hints that the US Federal Reserve may slow quantitative easing,  which many believe has supported oil prices in recent years. […]

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Peak Oil Review – 20 May 2013

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By Tom Whipple 1. Oil and the Global Economy Despite growing oil production, and record inventories, prices were little changed last week, with NY oil hovering around $95 and London around $104. Although demand for oil remains weak across much of the world, a stronger dollar and hopes that the US economy is starting to […]

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Peak Oil Review – May 13, 2013

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By Tom Whipple 1.  Oil and the Global Economy It was largely a quiet week for the energy markets. NY oil hovered around $96 a barrel, London’s Brent around $104, natural gas futures just below $4 per million, and gasoline futures around $2.87 a gallon with little movement in any of the markets. Downward pressure […]

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