Category Archives: Oil Prices Fiscal Breakeven

Oil Doomers Frustrated at US Shale Revolution

According to the oil doomers, the world’s oil was supposed to be used up by now. The scarce remaining dregs of oil would be beyond the reach of ordinary people, and only the ultra-wealthy would be able to drive the … Continue reading

Posted in Energy, Oil Prices Fiscal Breakeven, Shale Oil & Gas Revolution | Tagged | 8 Comments

US Shale Kicks Putin, OPEC, in Teeth

If U.S. shale can withstand domestic political pressure against hydraulic fracking, and regulatory incentives promoting a shift to renewable energies, it stands to disrupt OPEC’s global oil cartel and Russia’s strong influence in Europe, and establish the United States as … Continue reading

Posted in Energy, Oil Prices, Oil Prices Fiscal Breakeven | Tagged , | 5 Comments

A False Dawn for Oil Prices

http://i.cdn.turner.com/money/.element/script/7.0/players/embed.js?videoid=/video/news/economy/2016/02/25/story-behind-oils-plunge.cnnmoney Basically there is too much oil on the market, and there is dampened demand. You can’t mess with the fundamentals. __ http://uk.businessinsider.com/oil-prices-march-21-and-forecast-2016-3 Oil state dictators and despots are desperate for a new dawn in oil prices. Oil-dependent prison states … Continue reading

Posted in Energy, Oil Prices, Oil Prices Fiscal Breakeven, Russian Decline | Tagged ,

Tribulations of the Petro-States

If oil stays around $50 a barrel, most countries in the [Middle East] region will run out of cash in five years or less, warned a dire report from the International Monetary Fund this week. That includes OPEC leader Saudi … Continue reading

Posted in Economics, Oil Prices Fiscal Breakeven, Russia | Tagged , | 4 Comments

What is Fiscal Breakeven for Oil States?

When a national government depends upon income from oil & gas to balance its budget, the prices of oil & gas become very important to the economic health of that country. When oil-state governments grow financially over-extended through greed, corruption, … Continue reading

Posted in Economics, Energy, Oil Prices, Oil Prices Fiscal Breakeven, Russia | Tagged