Posts tagged as:

oil prices

Another oil shock in 2010?

by Tom Raftery on January 29, 2009 · 2 comments

in oil

Brent Crude price Aug 08 – Jan 09
Chart generated by thisismoney.co.uk
Posts on The Oil Drum and iStockAnalyst in the last couple of days point out something interesting.
From The Oil Drum’s post:

Nobuo Tanaka, the head of the International Energy Agency (IEA) said today…
Oil at near $40 a barrel has slowed investment in oil projects, he [...]

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How much do oil prices have to rise before we decide to get off oil?

by Tom Raftery on September 2, 2008 · 5 comments

in oil

Photo Credit cactusbones
Last year the world was in shock when oil hit $80 per barrel.
Less than a year later, the media has been celebrating the fact that oil prices have dropped to below $110 per barrel.
Four years ago oil was just over $30 per barrel!
With the exception of a couple of spikes, oil prices have [...]

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High oil prices are a good thing!

by Tom Raftery on May 29, 2008 · 8 comments

in oil

photo credit: Lori Greig
I wrote a post a couple of weeks back saying that the sooner oil reaches $200 per barrel, the better. Unsurprisingly, it generated a bit of comment!
So I was mighty chuffed to read Thomas Friedman’s superb Op-Ed in the New York Times yesterday where he made a very similar argument.
Thomas said:
there [...]

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Will airlines start weighing their passengers (and charge accordingly)?

by Tom Raftery on May 23, 2008 · 7 comments

in transportation

Image courtesy of kpmarek
I was on the jury of the Startup 2.0 event in Barcelona this week. I travelled with Aer Lingus as there was a direct Cork Barcelona flight.
When I went to check-in on my way back, I mentioned that I only had one bag and it was hand luggage. For the first [...]

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The sooner oil hits $200 per barrel, the better!

by Tom Raftery on May 9, 2008 · 13 comments

in climate change, oil

photo credit: johnmarkos
Back in 2004 the government’s worst case scenarios had oil reaching $26 per barrel by 2025. This afternoon oil reached $125.98, the fifth day this week we had a record high price for oil. And we are not even halfway through 2008 yet.
Goldman Sachs recently pronounced that oil may soon reach $200 [...]

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