Peak Oil Review – April 27

1. Production and Prices

2. Natural Gas

3. Carbon

4. Briefs

1. Production and Prices

Prices started last week above $52 a barrel, then fell sharply in sympathy with a major decline in the equity markets, at one point going below $47. Prices then climbed for the rest of the week, closing just below $52, as investor optimism about an economic recovery increased. Oil prices remained detached from the normal fundamentals such as stocks