Decreased demand and increased supply equals low price

The Real Cause Of Low Oil Prices: Interview With Arthur Berman

By Oilprice.com -- James Stafford—— Bio and Archives--January 9, 2015

Global Warming-Energy-Environment | Comments | Back To Full Article

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.

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