Ghadaffi’s tragic ending prompted Oil Sheikhs to face a tough choice : either trickle down petrodollars to their subjects and avert unrest or keep buying more Rolls Royces instead. STEVE AUSTIN | 2013/05/29 We have written extensively about the drivers of oil prices to the upside: higher production costs, the lack of transcontinental pipeline in […]

Often portrayed as equaly evil, North Korea and Iran depart from one another in their influence on oil prices. STEVE AUSTIN | 2013/04/29 Deja vu. The more things change, the more they remain the same, don’t they? Take North Korea, for instance. If the ascension of Kim Jong-un promised change, it -alas- wasn’t meant to […]

The sequester\s reduction in government oil subsidies will bring energy prices on par with other countries: higher than today STEVE AUSTIN | 2013/03/18 Well, March arrived with ‘the sequester,’ didn’t it? As you heard, on March 1, ‘the sequester’ swung into action with President Barack Obama signing an order to bump away $85 billion from […]