May 2017

Where Will Oil Prices Be in 2020?

The oil industry is notoriously cyclical. Perhaps because it takes so long to bring new supply on-line. As prices rise and the industry blossoms the oil machinery kicks into gear. Independants locate the oil and the fields get bought up by majors who bring it into production, this boosts supply. And then when the supply hits the market, prices go down, small over-leveraged players get squeezed and then go bankrupt, and exploration dries up. Eventually, this causes supply to slacken and prices begin rising again. And the cycle continues. In today’s article we’ll look at where oil prices could be 3 years on as increased demand meets Saudi production cuts and shale-oil production increases.

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Big Oil Betting On Electric Vehicles?

I’ve been enamored with electric vehicles since long before they were commercially available. Way back in 1975, Mechanix Illustrated featured the “Urba Town car” and offered plans to build your own Electric Car. It required removing the body from a VW bug, and building a new cool looking body out of fiberglass. I spent a whopping $20, (which was much more valuable back then, not just because of inflation but because I was a poor college student without a job). It even had an option of adding a generator and making it a hybrid. Unfortunately, I never got around to using the plans but over the years I’ve enjoyed reading about quite a few successful conversions of various vehicles and I followed Tesla’s rise to fame in the electric vehicle market with marked enthusiasm hoping to one day, own one myself. Well, today Jon LeSage of Oilprice.com tells us that the electric vehicle may have finally reached the Tipping Point and other experts saying “By 2020 there will be over 120 different models of EV across the spectrum,” . ~Tim McMahon, editor.

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Pouring Concrete

Futuristic Advances to Ancient Materials

“Everything that can be invented has been invented.” This quote has been mistakenly attributed to Charles Holland Duell commissioner of the United States Patent and Trademark Office from 1898 to 1901. The advance of technology has grown exponentially since then and some major inventions like the personal computer have transformed our lives to such an extent that

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