Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Thursday, March 12, 2015

Gail Tverberg: The Oil Glut and Low Prices Reflect an Affordability Problem


Gail Tverberg: The Oil Glut and Low Prices Reflect an Affordability Problem

Posted on by
Yves here. Tverberg argues that low oil prices likely to be with us for a long time, due to the fact that demand will remain relatively weak. Given the reluctance of governments to engage in aggressive enough spending measures, the idea of that more economies will become mired in a Japan-like slump or weak demand is entirely plausible. And that’s before you get to the wild card of a Eurozone unraveling.

http://www.nakedcapitalism.com/2015/03/gail-tverberg-oil-glut-low-prices-reflect-affordability-problem.html?utm_source=feedburner&utm_medium=email&utm_campaign=Feed%3A+NakedCapitalism+%28naked+capitalism%29

No comments:

Post a Comment