Posts Tagged ‘oil’

2 Dec 15 2014 @ 7:30am by Matt Smith in Crude Oil, Global Energy

Actions Speak Louder Than Words

With soooooooo much talk swirling about the current oil price drop, I feel compelled to focus less on the rhetoric and more on the data. So the vibe of this post lands somewhere inbetwixt Elvis Presley’s ‘a little less conversation, a little more action‘ and one of my boss’s favorite phrases: ‘In God we trust, all others must bring data‘. » read more

0 Dec 15 2014 @ 7:11am by Matt Smith in Crude Oil, Economy, Global Energy

File Under: Winging It

Aside from winging it with a quick bit of airline analysis at the end, Thursday’s appearance on Fox Business was a one-and-done affair in terms of questions, as a fast-paced segment covered a lot of ground in a short period. Hark, click on the mugshot below to launch to the clip:

0 Dec 4 2014 @ 9:33am by Matt Smith in Crude Oil

File Under: Pin the Tail on the Donkey

I had a decent run on CNBC’s Squawk Box this morning with a segment all to myself (hark, just before sunrise). We discussed the usual suspects – OPEC, Saudi Arabia, global price pain-points, and yep – US shale break-evens. I compared pinpointing a single number for US shale break-evens to playing ‘pin the tail on the donkey’. Alas, they always cut my funny bits from the clips. Hark click on the below mugshot to launch to part of it: 

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