Spencer Dale

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                    [post_content] => The oil market has changed very significantly over the past 10 to 15 years. Concerns about carbon emissions and climate change have increased materially. And, more importantly, the US shale revolution has introduced a new source of supply, with very different production and financing strcutures. In this comment, Spencer Dale, the Chief Economist of BP, considers the implications of these changes and argues that the principles and beliefs that served us well in the past are no longer as useful for analysing the oil market. He calls for a new set of principles reflecting the New Economics of Oil. These four principles are:




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Latest Publications by Spencer Dale

Latest Tweets from @OxfordEnergy

  • OIES' @thierry_bros quoted on Sonatrach changes https://t.co/C2f3RROp1q via @LesEchos

    March 27th

  • New OIES study on Russian LNG: A 12-year tax holiday + no export tax on LNG improved project economics for Yamal LN… https://t.co/HZej1LYRny

    March 24th

  • Novatek will be Russia's LNG leader while Gazprom will focus on pipeline projects, OIES via @AAEnergyNews https://t.co/JOB85QXAyc

    March 23rd

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