A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Ukraine, Quote of the Week, The Briefs.
Articles: peak oil (217)
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.
In the category of thrilling fiction about our post-industrial future, James Howard Kunstler’s World Made By Hand novels have no equal.
In the US; people are driving less. Perhaps there are behavioral factors involved, but "peak mileage" suggest that they are doing that because they can't afford to drive more.
CEOs of companies engaged in shale gas and tight oil drilling are undoubtedly aware of what’s going on in their own balance sheets, hype is an essential part of their business model.
What's really going on with US oil production?
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Russia, Quote of the Week, The Briefs.
The effect of the sanctions will be to speed the Russian decline, forcing up world oil prices as soon as US tight oil maxes out and goes into its inevitable nosedive.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, Ukraine, Quote of the Week, The Briefs.
The International Energy Authority does does its best to paint a rosy picture of peak cheap oil. The reality is an economy which can no longer grow its way out of its problems.