econbrowser.com - 5/21/2009
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This morning, the Joint Economic Committee of the U.S. Congress took up the implications of rising world oil demand for the U.S. economy. I was invited to participate along with Daniel Yergin, Co-Founder and Chairman of Cambridge Energy Research Associates .
I have some more discussion at ...
So Much For Chinese Demand
marketprognosticator.blogspot.com 6/30/2009 — "The International Energy Agency cut its oil demand estimates for every year through 2013 by about 3 million barrels a day, it said in its Medium- Term Oil Market Report today. Consumption will average 86.76 million barrels a day in 2012, the first ...
FT.com / Global Economy - Oil watchdog cuts demand forecasts
ft.com 6/29/2009 — The worst recession in decades will curtail oil demand for years to come, the International Energy Agency predicted on Monday as it cut sharply its forecasts for world consumption and declared that the threat of a supply crunch had receded. Oil ...
OPEC Cuts 2009 Oil Demand Forecast as World Economy Contracts
bloomberg.com 4/15/2009 — April 15 (Bloomberg) -- The Organization of Petroleum Exporting Countries cut its forecast for oil demand this year for an eighth successive month as the economic slowdown in the world’s biggest oil consumers worsens. The estimate for 2009 global ...
The Restructuring of Global Oil Demand
gregor.us 4/26/2009 — 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 ...
Oil ETF’s Hit As Crude Inventory Keep Rising (USO, OIH)
247wallst.com 4/22/2009 — The Department of Energy released its weekly oil inventory data and again we saw another build-up of black gold. This increase has started to hit the United States Oil (USO) and the Oil Services HOLDRs (OIH) ETS’s on the news. We also saw a ...
Oil in Big Macs
gregor.us 6/9/2009 — There’s a temptation to believe that if one stripped out the USD from the price of oil, a better picture of oil’s cost would emerge. Over the years people have expressed Oil in Euros, Swiss Francs, and of course Gold–which does make ...
FT.com / Global Economy - Oil surges on raised forecast of demand
ft.com 6/12/2009 — Oil prices on Thursday surged to an eight-month high above $73 a barrel after the western countries’ energy watchdog raised its forecast for global oil demand for the first time in almost a year. The International Energy Agency’s abrupt change, saying ...
Oil Trades Near 10-Month High on Speculation Demand Recovering
bloomberg.com 8/24/2009 — Aug. 24 (Bloomberg) -- Crude oil traded little changed near a 10-month high in New York as rising equities bolstered confidence in the economic recovery. Oil maintained its gains of the past four days as European and Asian stocks advanced, following ...
FT.com / Global Economy - Global demand for oil to plummet
ft.com 12/10/2008 — Global oil demand will collapse next year and commodities will not return to the highs they reached this summer in the foreseeable future, two authoritative reports said on Tuesday as they forecast a long and painful worldwide recession. The stark ...
Rising Fear of a Future Oil Shock
nytimes.com 3/30/2009 — Reductions in investments and low oil prices could curb future supplies, leaving the world to face a new energy shock when the economy picks up, according to a study.
There Will Be Pain —
The Big Money 5/21/2009
Since September, oil has quietly waited its return. It used to be the star; the thing everybody talked about, the thing everybody was afraid of. It was what set the economic agenda in the country, it was what touched everyone's life—a rare ...
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