‘This Is Masochism’: Russia Wages An Oil War Against Saudi Arabia, US Amid Coronavirus Concerns

From The Daily Caller Chris White Tech Reporter March 09, 2020 11:07 AM ET Oil prices dropped Monday as Saudi Arabia and Russia haggle over whether to reduce crude production amid fears that coronavirus will hamper air travel and potentially wreck the global economy. Prices fell into the $30s as the Saudis push for a…

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Prediction: Iran Sanctions To Trigger $120/bbl Oil! Or Not.

Guest Yogi Berra impression by David Middleton Last month, Dr. Phillip Verleger, a professional prediction maker, predicted a crash in U.S. crude oil production in 2020. My response was: Certainly if prices drop below $50/bbl for a prolonged period of time, Dr. Verleger’s prediction of a decline in US crude oil production will very likely…

Bulletin of the Atomic Scientists issues 2011 FUD report

Via SAGE Publications The nuclear, biological and climate threat – 2011 reviewed In this special issue of the Bulletin of the Atomic Scientists, published by SAGE, experts reflect on 2011 and highlight what to look out for in 2012 in the areas of nuclear energy, nuclear weapons, biosecurity, and climate change. Topics that have made…

Peak Oil – the R/P Ratio re-visited

Guest post by Mike Jonas On Dec 13, Willis Eschenbach posted a convincing (and eloquent as always) argument “The R/P Ratio” against Peak Oil being imminent. I would like to present a different view. In fact I draw the opposite inference from the same statistic. From the BP data [1], Willis argued that the “R/P…