Author Archives: John Kingston
Vitol’s CEO Sees Up-and-Down Oil Prices, but it Isn’t an Opportunity
The kind of crazy up-and-down movements of the oil markets in recent weeks and months is not a ripe opportunity for a major trading company like Vitol. In fact, its…
LPG Demonstrates Modernity Comes from Consumption
The oil industry has often heard itself being criticized from within for not being bolder in sending a broadly positive message about what it does. Hydrocarbons make modern life possible;…
Backwardation, Tightening Inventories, and Higher Prices Ahead: One View of Oil’s Future
Energy economist Phil Verleger has been waging a steady war against the argument that “too much” trading of energy futures contributes to higher prices. To the contrary, as he has…