2 Nov 26 2014 @ 9:03am by Matt Smith in Crude Oil

File Under: Pre-OPEC Opining

I did a late-night interview on CNBC Asia last night discussing pre-OPEC craziness ahead of the cartel’s convening tomorrow. Among other things we chew the cud about the meeting of Saudi Arabia, Venezuela, Russia and Mexico (the last two are not in OPEC) – highlighting the current global unease about oil prices. Hark, click on the below mugshot to launch to the clip:

0 Nov 19 2014 @ 11:31am by Matt Smith in Crude Oil, energy consulting, Global Energy

H.L.Mencken & US Shale Break-evens

My favorite quote by H.L. Mencken is ‘a cynic is a man who, when he smells flowers, looks around for a coffin‘. A bit morose, I know, but this appeals to the contrarian in me. My second favorite is überly-applicable to US shale oil break-evens: ‘For every complex problem there is an answer that is clear, simple, and wrong‘. For there is no lack of estimates flying around as to the price level at which US shale oil production could be curtailed. The problem is, they all appear to be different. » read more

6 Nov 11 2014 @ 12:50pm by Matt Smith in Economy, Global Energy

Energy Trends in Africa

While I have written posts on Nigeria and regularly referenced Libya in the last half decade on the burrito, I know very little about most of Africa when it comes to energy. So it was interesting to sift through this comprehensive report from the IEA to get a better understanding of some of the broader energy trends underway. Henceforth are my ten top takeaways: » read more

0 Nov 6 2014 @ 9:55pm by Matt Smith in Crude Oil

File Under: The Morning After The Night Before

Thursday night in the US translated to a Friday morning appearance on CNBC Squawk Box in Asia, and one which was a lot of fun, as anchor Susan Li heckled me for not being able to vote for Mitch McConnell given my non-status as a US citizen. Hark, click on the below mugshot to launch to the serious part of the interview.  When it starts, I am responding to Susan’s suggestion that OPEC must be smoking something to think prices in 2020 could be $110:

2 Nov 5 2014 @ 12:50pm by Matt Smith in Crude Oil

File Under: Saudi & Shale

The topic of morning’s appearance on CNBC’s Squawk Box was once again back to oil, Saudi, and shale break-evens, and how low could we go…..hark, click on the below mugshot to launch to part of the interview: