Search Results for: $100 per barrel

Oil up

February 16, 2011 – 8:00 am

I haven’t posted on oil policy and economics lately, but the world of oil has been interesting over the past couple of months and I’m overdue for an update.

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The Dow Jones Industrial Average managed to shed almost a decade’s worth of economic growth in a single day today. The DJIA closed today at a level that hasn’t been seen since 1999. The 7% decline today doesn’t compare with the double digit declines that marked the beginning of the Great Depression in 1929. Over read more »

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Export Land Model

May 29, 2008 – 8:14 am

The Wall Street Journal does a good job covering the big reason that oil prices have risen so dramatically over the past year: exports fell 2.5% last year in spite of a 57% increase in prices. The conventional wisdom is that higher prices always lead to technological improvements and more investment. This drop in exports read more »

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Bicycling blog

February 21, 2008 – 9:49 am

I have to mention “bicycle blog” every once in a while; otherwise, the search engines get confused and don’t realize that this is a blog about bicycling. Swobo fanboys: here’s one for you. We’re expecting rain in the Bay Area today, but this morning was dry if chilly. I had a fun ride into work read more »

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Dan Yergin fan club

January 10, 2008 – 11:01 am

People who know about Peak Oil know the name Daniel Yergin. Yergin founded the Cambridge Energy Research Energy Associates (CERA) to provide analysis and research on energy issues. Every major oil company, most minor ones, and almost any government and private agency with energy planning needs purchases research from CERA. Apparently, CERA and Yergin are read more »

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$100 per barrel

January 2, 2008 – 12:28 pm

NYMEX benchmark light sweet crude for January delivery broke through $100 per barrel for the first time ever today. That is all.

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