April 2011

Columns

HPIn Europe: Nervous Petroleum Week crowd thinks the geopolitically unthinkable

These are nervous times in energy markets and on the bridges of oil tankers. Things are going belly up for oil users (which is everyone). And, as I fly home from International Petroleum (IP) week in L..

These are nervous times in energy markets and on the bridges of oil tankers. Things are going belly up for oil users (which is everyone). And, as I fly home from International Petroleum (IP) week in London, the outlook for oil is similar to the chaotic adventure of my fellow passenger relates that he was chased through the Indian Ocean by pirates. Nothing surprises me after weeks like this. The Middle East is in well-reported turmoil. In the UK, gasoline prices have never (ever) been so high, and the UK’s energy minister is warning of a 1970s oil price shock. Spiral up. Brent crude prices are on a trajectory more astral than they were at the beginning of 2008, according to a number o

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