I was wondering how insurance companies are pricing climate change... According to Berkshire Hathaway latest report, via Marginal
“$30 and $2 doesn’t work”…
This is from the CEO of Devon, David Hager, via CNBC: "Now you're starting to see the decline, and I believe you're going to continue to see the
$0 oil? St. Louis Fed
Not quite... But the St. Louis Fed analyzed current inflation expectations in the marketplace and suggested that oil prices would need to trade down
Gallows humor.. WSJ
From the WSJ (http://www.wsj.com/articles/beyond-the-oil-industry-bloodbath-1456336562): "Night is darkest before dawn, said Joe Kaeser, CEO of
Oil inventories…EIA
The EIA discusses oil inventories in This Week in Petroleum (https://www.eia.gov/petroleum/weekly/): "Using inventory levels from the latest Weekly
Reuters: CERAWEEK-World’s oil bosses eyeing more pain try to look past 2016
How bad is sentiment in oil? Reading about the tone during IP week, and now during CERA week, even the most contrarian among us would be rattled...
Gasoline demand… EIA
The EIA expects gasoline demand to remain below its 2007 peak despite an increase in miles driven... "Based on estimates in the most recent
Estimated Impact of Oil Price Declines on Output, 2014-2015
According to the most recent Economic Report to the President
Crude Glut Could Take Years to Disappear, IEA via WSJ…
More bearish sentiment from this week's IHS CERA conference in Houston, as reported by the WSJ