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 climate-change disclosure leave Exxon investors stranded?

    Regardless of how much time Exxon wants to spend weighing the risks of climate change, its investors are now demanding it. In what promises to be a landmark disclosure, Exxon, the world’s largest publicly traded oil company, has agreed to provide the market with an assessment of how changing legislation around carbon emissions will affect [...]

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  • Why an accidental leak should send shivers up Big Oil’s spine

    One of the largest accidental releases of oil in Alberta’s history isn’t a burst pipeline and it doesn’t involve a train of tanker cars derailing into a river. It’s also not a thing of the past. It’s been going on for about a year and it’s still happening. An estimated 12,000 barrels of bitumen and [...]

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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.