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MercoPress, en Español

Montevideo, November 5th 2024 - 21:22 UTC

Tag: Arthur Berman

  • Tuesday, January 13th 2015 - 08:56 UTC

    The real cause of low oil prices: Interview with Arthur Berman

    Oil prices need to be around $90 to attract investment capital. So, are companies OK at current oil prices? Hell no! They are dying at these prices

    With all the conspiracy theories surrounding OPEC's November decision not cut production, is it really not just a case of simple economics? The U.S. shale boom has seen huge hype but the numbers speak for themselves and such overflowing optimism may have been unwarranted. When discussing harsh truths in energy, no sector is in greater need of a reality check than renewable energy.