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Opinion: Is Russia Plotting To Bring Down OPEC?

Green Car Congress

According to the IMF’s 2015 Article IV Consultation-Press Release and Staff Report , published August 3, oil and natural gas exports constituted 65 percent of exports, 52 percent of the Federal government budget, and 14.5 Russia supplied about 30 percent (146.6 percent of GDP in 2014. mmbbl/day) in 2013. Death by Energy.

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Kuwait Researchers Forecast Global Conventional Crude Oil Production Will Peak in 2014; New Multicyclic Hubbert Model

Green Car Congress

Scientists from Kuwait University and Kuwait Oil Company are forecasting that world conventional crude oil production will peak in 2014—almost a decade earlier than some other predictions. The objective of this study is to develop a forecasting model to predict world crude oil supply with better accuracy than the existing models.

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The Real Reason for USA based Economic Recessions.

DIY Electric Car

This article will also show how the price of oil contributed to the current housing crisis as well but the responsibility of that problem has other root causes that will not be discussed here. Later on in this article you will see what the economic side effects are to this course of action. of the money supply. soft landing?.

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Oil Prices Running Out Of Reasons To Rally

Green Car Congress

The OPEC deal is slated to take oil off the market, while US drilling is expected to add new supply. On top of that, Kuwait’s envoy to OPEC said that Qatar, Kuwait and Oman were also complying with the cuts. That bodes well for a narrowing supply surplus—and ultimately a deficit—as well as falling inventories.