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Iraqi Oil: Black Gold or Black Hole?
Iraqi Oil: Black Gold or Black Hole?
This is a guest post by Nawar Alsaadi. Nawar currently lives in Canada, but lived in Iraq until 1990. He still has close ties to the country, and has been following the situation closely there. Investors and global oil companies such as Shell Petroleum, Eni, China National Petroleum, and ...
Oil shocks and recessions
Oil shocks and recessions
econbrowser.com — Here I provide some more background on the relation between oil price increases and economic recessions. When I first began working on my Ph.D. dissertation in 1980, I was intrigued by the fact that the oil embargo of 1973-74 and the collapse in ... (more) Oil shocks and recessions
The Restructuring of Global Oil Demand
The Restructuring of Global Oil Demand
gregor.us — The global financial crisis may be hastening a process that’s been underway the entire decade: the restructuring of global oil demand. Western OECD oil demand has been much slower the past 15 years and its growth rate started to stall out again ... (more) The Restructuring of Global Oil Demand
IEA Sees Oil-Supply Crunch by 2013 on Slow Investment (Update1)
IEA Sees Oil-Supply Crunch by 2013 on Slow Investment (Update1)
bloomberg.com — April 25 (Bloomberg) -- The International Energy Agency said the world may face a crude oil shortage by 2013 because of slower investments in oil exploration and production by OPEC members and other producing countries. “I can’t rule out the ... (more) IEA Sees Oil-Supply Crunch by 2013 on Slow Investment ...
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Tuesday morning links
The Mess That Greenspan Made — TOP STORIES • WSJ: Regulators urge BofA, Citi to boost capital - AP • Daimler Reaches Deal to Unload Chrysler Stake - NY Times • Mortgage "cramdown" laws needed: Warren - Reuters • Chrysler and General Motors Make New Bids to Survive - Time • Iraqi Oil: Black Gold or Black Hole? - The Oil Drum • Fiat Currency: A 38-year experiment in inflation - Credit Writedowns • Condé Nast to shut Portfolio magazine - MarketWatch • The Joker - Kunstler, CFN MARKETS/INVESTING • Gold extends ...

Related: nawar alsaadi
Insights On Iraqi OilDaily Markets
In early February I wrote about the upside potential for Iraqi oil production. Below is the opposite case as put forward recently by an EIS reader, Nawar Alsaadi, who has first hand insights on the issue. I think he makes a compelling series of arguments, all of which tend to the conclusion ...