A mid-week update. After a $2 a barrel jump on Tuesday, NY futures slid back a bit on bit on Wednesday after an unexpected jump in US crude inventories of 3.7 million barrels which was 5 million higher than analysts had been expecting.
Articles: oil production (17)
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Three more years? That’s pretty scary! Surely there must be a mistake in that headline.
Researchers are finding that the business-as-usual scenario in the 1972 "Limits to Growth" study is unfolding before our eyes. Will reality follow that scenario further into the beginning of industrial decline this decade?
A mid-week update. So far this week, oil prices in New York and London continued the collapse that has been going on since mid-June.
Despite what you may think, Americans, on average, are driving more miles every day, not fewer, filling ever more fuel tanks with ever more gasoline, and evidently feeling ever less bad about it.
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.
Haven't we been hearing from the oil industry and from government and international agencies that worldwide oil production has been increasing in the last several years? The answer, of course, is yes. But, the deeper question is whether this assertion is actually correct.
Despite its serious tone, The Energy of Nations: Risk Blindness and the Road to Renaissance, published by the reputable academic publisher Routledge, makes a compelling and ultimately hopeful case for the prospects of transitioning to a clean energy system in tandem with a new form of …
A mid-week update. New York oil prices, which have climbed 10 percent since early January, jumped againon Wednesday after the EIA reported that stocks at Cushing, Okla. fell by 2.7 million barrels last week as the newly opened leg of the Keystone pipeline continuing to drain oil to the Gulf Coast.