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The great EURO 6 scam

Now it’s official. Since September 1st this year, all new diesel vehicles sold in the European Union must comply with the EURO 6 standard. EURO 6 is by any measure the most severe limitation of nasty pollutants that are allowed…

Pax Americana on steroids

Is there still anyone who is not in awe of what the shale revolution has done to the planet? Whatever one might think of the environmental suitability of fracturing rock deep in the earth to extract oil and gas, one…

My 28 Dollar WTI wager

In July 2014 I made a wager. I said that before March 2016 (don’t ask me why this date, it just sprung into existence out of nothingness) WTI would go below 28 USD. We have seen a huge slide in…

Is your energy job safe?

A couple of days ago I had a conversation with a trader friend who has migrated into the consulting business. His journey was the result of a bit of involuntary arm twisting to be sure as this was not what…