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IEA report implies US crude production may start to peak 2016

When it becomes apparent that US tight (shale) oil has peaked, there will be a public confidence crisis because the media are parroting the oil and gas industry’s claim that shale oil is an energy revolution and game changer. Indeed, the game will change, but in unexpected ways.

The Ukraine conflict, peak cheap gas and the MH17 tragedy

The number of countries with fossil fuel conflicts and wars is increasing. Libya, Sudan, Egypt (Sinai), Yemen, Syria, Iraq and now Ukraine. The result is that many innocent people die and that actual oil/gas production drops.

Oil prices started to skyrocket when one quarter of global supplies went into irreversible decline

The seemingly ever growing oil production is deceiving. The process of peaking is happening right under the growth curve. One has only to look for it

Banking on Iraq

Given the ethnic turmoil in Iraq triggered by ISIL’s recent seizure of towns in Iraq’s North and West it is uncertain how this will impact on oil production in the Shia controlled South, from where the bulk of Iraq’s oil exports come from.

Asian Century sails into troubled waters in the South China Sea

The focus of this post is not the legal situation but the underlying cause for this conflict: Vietnamese oil production has peaked and Chinese oil production is not growing commensurate with demand.

Why the closure of BP’s Brisbane Bulwer refinery reduces Australia’s energy security

This post shows statistical evidence that BP, like all other International Oil Companies, is in full peak oil mode.

World crude production 2013 without shale oil is back to 2005 levels

Unnoticed by the mainstream media, US shale oil covers up a recent decline of crude oil production of 1.5 mb/d in the rest of world (using data up to Oct 2013).

How do ex-Saudi Aramco geologist Dr Husseini's oil price spike predictions of USD 140 by 2016-17 stack up?

In an interview with ASPO USA in January 2014 Ex-Saudi Aramco geologist Dr. Sadad-Al-Husseini predicted oil price spikes of $140 by 2016/17. This post shows some graphs explaining why this could happen.

The end of airlines predicted by no other than former Qantas CEO Geoff Dixon in July 2008

Tony Abbott says it's the carbon tax that's hitting Qantas. This article tells it differently.

Jean Laherrere uses Hubbert linearization to estimate Bakken shale oil peak in 2014

In his latest research on shale oil French oil geologist Jean Laherrere from ASPO France estimates a Bakken shale oil peak in 2014.
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