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Media Review: THE Andrew McKillop Thread

A forum to either submit your own review of a book, video or audio interview, or to post reviews by others.

Media Review: THE Andrew McKillop Thread

Unread postby PeakOiler » Wed 17 Oct 2012, 19:49:22

Came across this article:

http://www.energypulse.net/centers/author.cfm?at_id=599

Andrew McKillop is an energy economist and consultant who recently edited a book for Pluto Books, ISBN 0745320929, title 'The Final Energy Crisis' including articles by Colin Campbell and Edward R D Goldsmith. He has held posts in national, international and supranational (Euro Commission) energy, and energy policy divisions and agencies.
These missions have for example included role of Energy policy coordinator, Dept Minerals & Energy, Govt of Papua NG, advisory and management at the AREC technology transfer subsidiary of OAPEC, Kuwait, study missions at the ILO and UNDP, in-house consulting to the Hydro & Power Authority of British Columbia, Canada, seminar presentations at the Administrative Staff College of India, Hyderabad, study and technology review at the Canada Science Council, and elsewhere.

Andrew McKillop is a regular contributor to many specialist oil and energy Web sites. He was first energy editor of the journal 'The Ecologist' and has published works with other analysts, e.g. 'Oil Crisis and Economic Adjustment', Pinter Publishing, with Dr Salah al-Shaikhly, currently the Interim Iraqi government's Ambassador to London.

Andrew McKillop is actively seeking research, consulting or writing missions at this time.

Mr McKillop is a regular syndicated columnist for the I-Media, Dubai publication Alrroya Aleqtissadiya


Scroll down at the above site to get a list of Andrew's most recent articles. I recall reading Mr. McKillop's posts over at Yahoo's Energy Resources forum.
http://groups.yahoo.com/group/energyresources/

I also bought his book, The Final Energy Crisis.

Those were back in the days when Matt Savinar posted there too. Jay Hanson still does.

Here's another link to a recent McKillop article:
Oil and the Dead Cat Bounce

What crisis? Nymex and ICE oil price movement shows how oil prices can be moved anywhere as long as its up, except of course when its down, where fundamentals point with stubborn determination.

Recent weeks, especially the last show that sometimes the oil bulls can get dispirited and run out of news support, and be forced to take a cut in their boundless optimism which says we really can have $130 a barrel for Brent and $125 for WTI like Goldman Sachs tells us we can - this year, in 2012. When the markets take an especially hard hit, like the recent loss of $10 off the barrel price, the dead cat bounce can take the shape of a Goldman tiger bounce - paper tiger of course.

<snip>
To be sure that is only one half of the story - the energy supply side. The demand side is also dark and threatening for overpriced oil, very threatening. World oil demand, this year, may achieve a scary feat for the oil bulls: two straight years of near perfect stagnation of global demand. The EU27 countries are now in their sixth straight year of oil demand shrinkage, recession aiding, but they are now far from the only countries where oil demand shrkinks - and shrinks. The scariest threat for the cozy, almost automatic Goldman Tiger price bounce, anytime oil falls, comes from the so-called Asian Locomative, that is China and India. Like we know this runs mainly on coal, like an old time railway loco should, but its rising oil demand was always good for the price bulls, anytime they shifted away from QE, Eurozone debt bailouts, Iran bombing or a boost to dollar depreciation as a nice set of reasons to bid up oil just as much as they can.

Oil demand growth in China and India is a lot more threatened species than Arctic polar bears. Demand growth is shrinking the same way Antarctic ice is not. China's long-term growth rate of oil imports, which hit an average of more than 9 percent a year for 1999-2009 has been slashed in half. Indian oil demand growth, these days, is close to 3.5 percent per year, not the previous 5.5 percent average.


Please post links to other McKillop articles you may come across in this thread.
There’s a strange irony related to this subject [oil and gas extraction] that the better you do the job at exploiting this oil and gas, the sooner it is gone.

--Colin Campbell
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