The recently announced Saudi oil production increases are more modest than had been suggested in some of the earlier rumors. The Oil Drum ([1],[2]) is your source for the meaning of the latest announcements.
Author Archives: James_Hamilton
How to save money on gas
Environmental Economics and The Energy Collective are among the many voices recently advising consumers they could save gasoline by driving more slowly. I was curious to take a look at the evidence behind such claims.
China and the business cycle
Could the phenomenal growth train get derailed?
Saudi oil production plans
A potentially huge story from the New York Times.
A bit of sunshine
Consumers say they’re gloomy, but why are they still spending?
Housing and the oil shock
The housing downturn and rising gasoline prices are each exerting a significant contractionary influence on U.S. GDP. There is also an interactive effect between the two.
Oil spike
Why did oil breach $138?
Is this a recession and do we care?
Could well be, and yes you should.
The oil shock of 2008
Time to reassess the potential for recent oil price increases to contribute to an economic downturn.
SNDE Interview
Bruce Mizrach prepared some very thoughtful questions for an interview at the Society for Nonlinear Dynamics and Econometrics Symposium in San Francisco two months ago. We discussed a broad range of topics, including my background, Markov-switching models, the Fed, oil prices, and why I blog. Below are links you can follow to see the answers to particular questions.