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What price Iraq?

This article was published in Middle East Oil & Gas Monitor, 16 October 2012.

The fate of the world economy depends critically on Iraqi oil, according to a report from the International Energy Agency (IEA) published last week.

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Peakonomics: Mitt Romney and $100 diet

This article was published in NorthAmOil, 6 September 2012.

There seems to be a rule that every US presidential hopeful must promise energy independence but never deliver.

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Oil glut forecaster Maugeri admits duff maths

This article was first published in EurOil, 24 July 2012, and by
2degreesnetwork, 30 July 2012.

Move over peak oil, the world is heading for glut, according to a recent report by Leonardo Maugeri, a former executive with the Italian oil company Eni.

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BP: out of the frying pan

This article was published in EurOil, 19 June 2012.

You could be forgiven for thinking BP’s luck had finally turned on 1st June 2012.

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Golden rule of gas: don’t believe the hype

This article was published in Unconventional Oil & Gas Monitor, 4 June 2012.

Like it or not, the unconventional gas industry has a lousy reputation. It is widely blamed for water contamination, earthquakes and fugitive emissions of methane that by some estimates make its climate impact worse than coal.

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Peakonomics: kiss your boarding pass goodbye

This article was first published in Unconventional Oil & Gas Monitor, 4 June 2012.

Peak oil used to be a debate in which geologists and economists threw bricks at each other but seldom talked.

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Riddle of the Saudi sands

This article was published in Middle East Oil & Gas Monitor, 15 May 2012.

The Saudi oil minister must be feeling pleased with himself. At the end of March, with Brent crude trading at around $125 per barrel, Ali al Naimi wrote a sharply worded column in the Financial Times claiming there was “no rational reason” for such high and economically damaging oil prices. Since then, Brent has slumped to around $112. Giving the market a stern talking-to apparently did the trick.

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Wishing it don’t make it so

This article was published in EurOil, 1 May 2012.

April is the cruelest month, a poet once wrote, and so it seems in the political economy of oil.

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