التسجيل
The Cefa Brief

تعليقاتاستنتاجاتوجهات نظرشروح

الموضوع

Oil & Gas

5 مواد

المواد

  • وجهة نظرEconomic Security

    Commodity dependence is an exposure in the budget, and the conversion that ends it runs slower than the price cycle

    Texas raises more severance tax than any other state, 8.00 billion dollars, and that is 8.9 percent of what Texas collects; the same tax is 47.2 percent of North Dakota's. The exposure therefore sits in the size of the rest of the base, and the spending that would widen one moves slowly: factory construction rose for four years, then fell.

  • شرحEconomic Security

    What refining capacity is, and why it is the bottleneck

    Refining is the step between a raw material and a usable one. By the end you will know why it is harder to replace than a mine, why it clusters in a few places, and what a country that cannot refine actually lacks.

  • تعليقRegional Development

    Four states now fund themselves on a price they do not set

    Severance is 47.2 percent of North Dakota's state tax collections and 43.9 percent of Alaska's. That is not a revenue line. It is a position in a commodity, held by a government that has to write a budget every year.

  • استنتاجEnergy & Power

    Crude has fallen back below its 2021 price and the all-commodities index has not

    West Texas Intermediate averaged 95 dollars a barrel in 2022 and 65 in 2025, three dollars below its 2021 reading and thirty below the peak. The producer price index for all commodities peaked in the same year, sits 1.6 per cent below that peak, and rose 2.2 per cent in the year crude fell 15.6 per cent.

  • شرحIndustrial Policy

    What upstream and downstream mean in an energy supply chain

    The words split an industry into three stages with different economics, different regulators and different failure modes. By the end you will know where each boundary falls and why the stage a policy attaches to decides who pays for it.