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Articles: Oil (7583)

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U.S. Storage Filling Up with Unaccounted-For Oil

In a joint post Art Berman and Matt Mushalik analyzed US crude oil inventories as reported by the EIA.

A Personal Appreciation of M. King Hubbert

A recent vacation afforded me the opportunity to read The Oracle of Oil, Mason Inman’s excellent new biography of Marion King Hubbert.

US shale oil peak in 2015

The latest EIA drilling productivity report (11th April 2016)  shows US shale oil production continuing to decline in Bakken, Eagle Ford and Niobrara while the Permian has flattened out.

Peak Oil Review - April 4

A weekly roundup of peak oil news, including: -Oil and the Global Economy -Middle East and North Africa -China -Russia -Briefs

The Oracle of Oil  

Many have heard of peak oil, but few seem to understand what it really means, and fewer still know much of anything about the father of the idea, M. King Hubbert.

Peak Oil Review: A Midweek Update - Mar 31

It has been a volatile week for oil with prices settling Wednesday at $38.32 in New York and $39.85 in London.  Some traders still seem to be fascinated by the upcoming meeting in Doha on April 17th to “freeze prices.”

Peak Oil Notes - Dec 24

A mid-week update. Oil prices continued to fall on Monday of this week, pushing Brent prices to lows not seen since 2004 and West Texas Intermediate to below $34 a barrel for the first time since 2009.

IEA: US$ 40 oil means 3 mp/d less oil by 2020

You want $40 oil? Yes, please. But according to the World Energy Outlook 2015 of the International Energy Agency, recently released in London, that would mean 3 mb/d less US tight (shale) oil by 2020.

Keystone XL: History Up Close

After nearly 30 years of inaction, will 2015 be seen as the year that the “war on climate change” started in earnest?

Iraq needs 1.3 mb/d additional oil exports and $US 70 oil to balance budget

If oil prices remain low Iraq will not get out of its current budget deficit. That will worsen all other problems this country is already suffering from.

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