Posts Tagged ‘triple-digit oil prices’

Like millions of others, I was supposed to be flying over European skies last Saturday night—in my case to do a couple of days of media in Lisbon around the launch of the Portuguese edition of my book,“Porque É Que o Seu Mundo Vai Ficar Muito Mais Pequeno.” Of course, I never got to Portugal. [...]

Share

Environmentalists on both sides of the border are cheering the recent announcement from Washington and Ottawa that both the United States and Canada will soon simultaneously impose much tougher fuel-emission standards for car manufacturers. Any given vehicle producer’s combined fleet of cars and trucks must average 35 miles per gallon by 2016 (or 100 kilometers [...]

Share

New Price Peak by Next Year

Posted by Jeff Rubin on March 31st, 2010 under SmallerWorldTags: , , , , ,  • 19 Comments

What does $80-per-barrel oil say to you? Three years ago, it would have told you that global oil markets were at record tightness. Back then, the US president was making a personal pilgrimage to Saudi Arabia to vainly plead for more production. And economists were worrying about the implications for global economic growth. Today, it [...]

Share

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 [...]

Share

My local utility just mailed me a notice informing me that they’ve installed a new smart meter at my home that will start monitoring and charging me for my electricity depending upon time of use. The first thing I noticed about smart (i.e. off-peak) prices was how expensive dumb (i.e. peak) prices were. At 9.3 [...]

Share