Articles || Energy

Crude Oil Speculation: The 2007 U.S. Congress Hearing and the ‘NOPEC’ Legislation I

Published on

January 30, 2019

by

After the April 2018 spike in gasoline prices, the No Oil Producing Exporting Cartels (“NOPEC”) Act has become prominent again. The act attempts ‘to hold OPEC member states liable for violations of U.S. antitrust legislation for what are seen as anticompetitive attempts to limit the world’s supply of petroleum’ (Verrastro and Pumphrey, 2011). The Act […]

OPEC´s Review of 2018 and Outlook for 2019

Published on

January 6, 2019

by

Introduction The Organization of Petroleum Exporting Countries (OPEC) reviewed the economic evolution in 2018 and its forecasts for 2019 in its monthly bulletin. In this sense, it highlighted how the economic expansion was greater in the United States because of its large fiscal stimulus, while other advanced countries registered more moderate growth rates. In the […]

Dilemmas of an accelerated energy transition

The oil business carried out by countries or private companies could take a 180-degree turn if the scenarios that point to the occurrence of an energy transition based on de-carbonization are fulfilled ahead of schedule. A trend based on non-linear factors associated with policy decisions and technological leaps that accelerate the production of renewable energy […]