A midweek update. Oil prices surged on Wednesday following the news that US crude inventories had fallen by 4.2 million barrels last week.
Articles: oil price (117)
The underlying assumption in peak oil models is that scarcity would appear before the final cutoff of consumption.
There are many who believe that the use of energy is critical to the growth of the economy. In fact, I am among these people. The thing that is not as apparent is that growth in energy consumption is dependent on the growth of debt.
Oil production can be confusing because there are various “pieces” that may or may not be included. In this analysis, I look at oil production of the United States broadly (including crude oil, natural gas plant liquids, and biofuels), because this is the way oil consumption is …
Many analysts had anticipated that a dramatic drop in oil prices such as we’ve seen since the summer of 2014 could provide a big stimulus to the economy of a net oil importer like the United States.
A weekly roundup of peak oil news, including: -Quote of the Week -Oil and the Global Economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
The great global energy transition is accelerating. Who could have imagined a few years ago that global carbon emissions would stall in 2015, spurred by a rise in renewable energy?
The oil markets are so anxious for a price rebound these days that any piece of bullish news sends them into a minor frenzy. This week we actually had some news supportive of higher prices.
Wage inequality is really a sign of a deeper problem; basically it reflects an economic system that is not growing rapidly enough to satisfy everyone.
A weekly roundup of peak oil news, including: -Quote of the week -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs