In the EIA's Today in Energy: "The net effect of these fuel economy trends is that light-duty vehicle energy consumption is projected to decrease
The markets frustrate OPEC… The Economist
From The Economist: Moreover, global demand this year has been weaker than expected. In a report this week, Roland Berger, a consultancy, argued
Saudi Arabia feeling the budget pressure… Reuters
I posted an EIA piece last week showing the decline in OPEC oil revenues over the past few years... Here is Andrew Torchia, Reuters, on the Saudi
Peak Oil Demand… WSJ
The Wall Street Journal does a nice job laying out some major oil companies' thoughts on peak oil demand: I could get snarky and say this won't
Greg Ip, WSJ on full employment trade-offs…
Read the whole, excellent article here, but I mostly like the chart:
OPEC net oil revenues.. EIA
From the EIA's Today in Energy, OPEC's pain in two charts:
US gasoline demand weak but expected to strengthen this summer…Reuters
We discussed the current situation/outlook for the gasoline market in our latest podcast, but here is Reuters: "Gasoline demand in the first two
Oil, product stock levels… This Week in Petroleum
From This Week in Petroleum we see seasonal draws in crude stocks to levels that are are still above the 5-year range: But from a days supply
Oil output in Brazil, Canada still rising… WSJ
From today's Wall Street Journal: "Rising output from Canada and Brazil, along with smaller gains in the U.K. and Norway, represents