Monthly Archives: November 2014

The Great OPEC Conspiracy

James BeadleOPEC declars war on new shale production, and on low demand for hydrocarbons. Prices are being driven down to stimulate demand – the new hydrocarbon era has arrived!

My previous post, addressing the subject of oil price declines and the human propensity for conspiracy theory was one of my most popular ever. I ascribe this fact to the nature of conspiracies, which are populist by definition. But it is ironic that I should have gained so much attention for what was my least accurate post in a long time. Continue reading