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

  • Looking for Oil Demand in All the Wrong Places

    It’s Wednesday, and the week’s US oil inventories numbers will soon be out. I have no clue what they will say, nor much interest, either. But others do.
    Exactly why oil traders and speculators think the data has anything to do with the state of world oil demand is beyond me. I suppose, like Pavlov’s dog, [...]

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  • We’re All PIGS Now

    Wall Street is worrying about financing the PIGS (Portugal, Italy, Greece and Spain), and little wonder. Proposals to halt exploding public sector budget deficits in those countries already have the workers out in the streets in Athens and Madrid. But we needn’t look across the Atlantic to see a debt crisis in the making. The [...]

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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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"A fantastically compelling read." —Heather Reisman, CEO, Indigo Books and Music

Longlisted for the Financial Times/Goldman Sachs Business Book of the Year Award

An Amazon Best Book of the Month (May 2009)

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copyright © 2009 Jeff Rubin. All rights reserved.