OPEC May Not Produce Less

This article suggests that the 4% reduction in output may not happen, because of the cheating I discussed yesterday. More along those lines from BBC News and Reuters. Oil prices actually fell in overnight trading because of the expectations that the participants would not be able to adhere to their agreement. Cartel instability, almost as … More OPEC May Not Produce LessMore OPEC May Not Produce Less

Skip Sauer On Gasoline

I’ve been meaning to post this link for a few days, but have been in somewhat flighty-chicken mode … Skip Sauer at the Sports Economist had this good post on petroleum refining and environmental regulation. He links to an article in the Houston Chronicle that gives some good information, and makes the following observations: My … More Skip Sauer On GasolineMore Skip Sauer On Gasoline