Lessons from whaling history for oil today

The fossil fuel narrative has understandably focused on the death blow coming from electric vehicles and renewable energy.  However, the history of whaling shows that one should keep an open mind. The death of Yankee Whaling is not the whole story on technological...

The crude oil recovery

US petroleum product data shows that diesel and gasoline consumption is recovering strongly. Back in May, we had flagged the potential for a bonanza summer travel season that could boost oil demand.  This is kicking in. Source: Bloomberg, Macrobond, Variant Perception...