Publications: The Petroleum Economics Monthly
Energy Independence and The New American Century: Implications of Energy Independence (February 2012)
Economists often drive with their eyes firmly fixed on the rearview mirror. They observe how things developed behind them but do not pay attention to bends in the road, slowdowns, or problems ahead. By remaining steadfastly focused on the past, economic forecasters often miss out on sudden openings that develop—at least until they have driven a few miles. This explains why economists have so many accidents. It also explains why economists make such poor race car drivers. They do not see the opportunities ahead.
This issue of The Petroleum Economics Monthly looks ahead, not back. We focus on the economic benefit of the United States’ transformation from a country heavily dependent on oil imports to one on its way to becoming an oil exporter. The shift will have profound effects.
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- The Petroleum Economics Monthly
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- The Hedge Fund War on Fracking (August 2...
- IMO 2020: Implications for Crude (Januar...
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- $200 Crude, the Economic Crisis of 2020,...
- IMO 2020: Economic Prospects (June/July ...
- Brent Is Dated (November/December 2017)
- The United States: Center of the Global ...
- A Tale of Two Markets (September 2017)
- The Triumph of Markets (August 2017)
- Twilight of Big Energy (July 2017)
- Failure to Learn from History: The Produ...
- A Lesson in Disruption (May 2017)
- Putting a Finger in the Oil Market Dike ...
- Oil's Johnny One-Note (March 2017)
- The Don Quixotes of Oil (February 2017)
- Markets Take Over (January 2017)