Entries by Peter Tertzakian

Commentary – Boring Prices, Weaker Spending

The outlook for 2018 oil prices is dull. A majority of pundits have now corralled their one-year forecasts into a narrow, “lower-for-longer” price band, with little disagreement. A humdrum, fifty-dollar-a-barrel price outlook for next year is part of a recipe to stifle investment, mute production growth and burn off inventories. On a positive note, that’s […]

Commentary – Is Lithium the New Oil?

        Source: Glenbow Museum Photo Archives “Lithium is the new oil,” goes the saying in electric vehicle (EV) circles. If you haven’t heard the catchy maxim, it means that new-age batteries made from elemental lithium are the energy world’s “in-thing.” By extension, a tank of gasoline containing a cocktail of carbon and hydrogen atoms is […]