About Jeff

Jeff Rubin was the Chief Economist at CIBC World Markets for twenty years. He was one of the first economists to accurately predict soaring oil prices back in 2000 and is now one of the world's most sought-after energy experts. He lives in Toronto.

Recent Blog Post

  • Will the shale gas revolution make North America’s LNG ambitions obsolete?

    In the lifespan of multi-billion dollar projects, five years is a relative blink. It’s why committing to big infrastructure projects is so nerve-wracking—the world can change in a hurry. Consider that only five years ago, plans were in place to build a terminal outside Quebec City to receive liquefied natural gas from Russia. At the [...]

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  • Is oil-by-rail boom an accident waiting to happen?

    Tick, tick, tick. The countdown to another rail accident is already on. A 90-car derailment last week in Alabama is only the latest in a series of train wrecks unfolding across North America. The next one, as promised by a dangerous combination of lax regulations and booming traffic, is just around the bend. Fracking may [...]

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What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common?

They all depend on cheap oil. In a world of dwindling oil supplies and steadily mounting demand, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again.

Take away cheap oil, and the global economy is getting the shock of its life.
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copyright © 2009 Jeff Rubin. All rights reserved.