Tag Archives | shale oil

Oil Price Chaos: What It Means For The Planning Process

By John Richardson

FIRST of all, we were told that $100 a barrel, or thereabouts, was the natural price for oil.

And then we were told this after the price collapse: “Not to worry, this is just a temporary supply …

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Oil Supply Rising On Efficiency Gains, Govt Policy

By John Richardson

FOR most of the time from 2009 until the end of H1 2014, understanding what was going on in petrochemicals markets was pretty easy.

The price of oil was stable in the region of $100 a barrel …

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Be Very Careful Of the $60-70 Oil “New Normal”

By John Richardson

THERE is an argument being made that the recent stability in oil prices will continue as crude enters a “New Normal” of $60-70 a barrel.

This type of thinking seems to have had an effect on petrochemicals …

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Oil Market Risks For 2014

By John Richardson

PAUL Satchell, the UK-based chemicals analyst with glob investment bank Cannacord Genuity wrote  in his December Volume Proxy* report, which was released earlier this month: “It has long been our opinion that real demand fundamentals in commodity …

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Only 4-6 US Cracker Projects Will Happen

By John Richardson

ONLY 4-6 of all the above US cracker projects are likely to go ahead as realisation dawns that both demand and feedstock advantage might not be as strong as previously thought, an industry source told the blog.…

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US-Crude-Production-Romm-Climate-Progress.gif

Energy, Politics & Economics

 

Source of graph: http://thinkprogress.org/ 

 

By John Richardson

DANIEL Yergin’s superb book, The Prize, describes how the history of the 20th century was shaped by oil and gas.

Now we are entering a new era.

Some 600,000 jobs have …

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North America’s Oil and Gas Potential

By Malini Hariharan

The energy landscape in North America is rapidly changing. After shale gas the focus has shifted to rising oil production from various unconventional sources, which has prompted some commentators to predict that the region will regain its …

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Oil Prices And Demand Destruction

By John Richardson

THE danger that high oil prices pose to the global economy, and therefore, of course, petrochemicals demand, has been highlighted by a new report from HSBC.

It makes the point that quantitative easing, which has led to …

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