Right now the market only cares about OPEC ignoring…
Nov 1 / Posted by Brad ParkesNo Comments
The Oil Story in Charts
Sep 17 / Posted by Brad Parkes
Buy the Loonie?
Canada has a housing bubble in certain cities. Oil prices are hurting three of ten provinces. Debt is expanding and economic growth has been weak.No Comments
Sep 6 / Posted by Brad Parkes
The Re-emergence of the Peak Oil Argument
The Peak Oil argument refuses to die. Today it has morphed into the Peak Conventional Oil argument. There are parts of the argument I agree with such as any finite resource will eventually run out, either due to regulation or over production, however, this is not what is happening right now. Humans are pessimistic […]No Comments
Aug 19 / Posted by Brad Parkes
The Real Reason Energy Companies Have Been ...
The reason oil companies have gone bankrupt over the past few years is not due to “historically low oil and natural gas prices” as stated in this article. Here is a long term inflation adjusted price chart: MacroTrends Does the current price look historically low on an inflation adjusted basis? Here is the chart not adjusted […]No Comments