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WTI Archive
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Peak Affordable Oil
Posted on February 2, 2015 | No CommentsIt is quite obvious that high oil prices in the last 3-4 years Fig 1: WTI spot prices to 23/1/2015 http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=rwtc&f=w have reduced demand for oil, as shown in this […] -
The high cost of railroading unconventional crude
Posted on July 14, 2013 | No CommentsThe derailment and explosion of a shale oil train in Canada highlights desperate attempts by refineries along the US/Canada East coast to offset the conventional oil peak of Atlantic basin […]