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Articles: shale oil production (6)

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Have the Obits for Peak Oil Come Too Soon?

Among the big energy stories of 2013, “peak oil” -- the once-popular notion that worldwide oil production would soon reach a maximum level and begin an irreversible decline -- was thoroughly discredited.  The explosive development of shale oil and other unconventional fuels in …

Red Queen Update: In Bakken ND it is now mostly about McKenzie County

In this post I present an update to my previous posts over at The Oil Drum (The Red Queen series) on developments in tight oil production from the Bakken formation in North Dakota with some additional estimates, mainly presented in charts.

US Energy Independence: Another Pipe Dream, Says Analyst

One of Canada's top energy analysts has warned investors and geologists that "the shale revolution" will not meet conventional expectations as a so-called game-changer in energy production.

Commentary: Looking Back at Peak Oil

Peak Oil – the maximum sustainable rate of global oil production - happened in 2012. That’s one of the main conclusions of a new report, Fossil and Nuclear Fuels – The Supply Outlook, released in March 2013 by the Energy Watch Group (EWG). This event will have profound …

Peak oil review - May 6

 A weekly update, including: -Oil and the global economy -The Middle East and Africa -New USGS forecasts for Bakken -Quotes of the week -Briefs

Peak oil notes - May 2

A mid-week upate. Oil prices bounced around early this week, settling Wednesday down from Monday’s opening price. On the New York exchange, crude opened the week at $92.70, climbed to $95, dropped to $90 and closed yesterday at $91.03. In London, Brent futures closed down $2.43 at $99.95 …

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