New renewable energies are making a dent in the market worldwide. Nowadays, energy securities along with the public’s concern for the environment are factors that drive the prices of oil up or down. However, while we do consider positive for the economy when the prices of oil are high as they as evidence of financial […]

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Nowadays, there is a huge turmoil related to oil production in the world. The market has gone crazy, the OPEC is taking measures to help the oil prices go up, and there is a general feeling of uncertainty related to what may happen in the near future with oil. As we have seen, thanks to […]

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The case for Venezuela is astonishing, to say the least. How can a country with the largest proven oil reserves in the world be going through some of the most crippling economic crisis ever seen? Venezuela is a country in crisis and while protesters are being killed for opposing the government and citizens are fleeing […]

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Oil, like other resources, are not infinite and as more extraction of oil is done all over the world, there are also more theories that analyze the rise, peaks, falls and depletion of oil in different moments in time. There is even a theory, developed by M.King Hubbert’s studies, that oil will not only deplete, […]

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