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December 7, 2016 | The Core Strategists of OPEC are Brilliant

In a nutshell, they’ve done TWO incredibly smart things. One is that by timing their much publicized production cuts to start in January 2017—when oil demand starts a steep rise—they really don’t have to cut at all. As you can see on the chart, oil demand rises very steadily from February to August—each and every […]

February 29, 2016 | Iran and Natural Gas – Who Are They Kidding?

Iran has been very vocal about ramping up oil production by one million barrels a day. That’s a real threat to a global market already oversupplied. The Iranians are also talking a big game about increasing natural gas production. In two years Iran believes that it will take natural gas production in its South Pars […]