Insight and inspiration in turbulent times.
Tom Whipple is one of the most highly respected analysts of peak oil issues in the United States. A retired 30-year CIA analyst who has been following the peak oil story since 1999, Tom is the editor of the long-running Energy Bulletin (formerly “Peak Oil News” and “Peak Oil Review”). Tom has degrees from Rice University and the London School of Economics.
After a relentless four-week climb, U.S. national average gasoline prices have declined, falling 5.4 cents from a week ago to $3.86 per gallon on Monday.
October 27, 2022
With less than two months to go before a ban on Russian crude oil imports comes into effect, EU countries have yet to diversify more than half of their pre-war import levels away from Russia.
October 17, 2022
We will struggle to avoid a gas emergency this winter without at least 20% savings in private households, businesses and industry.
October 11, 2022
Shale will likely tip over in five years, and US production will be down 20 to 30% quickly. When it does—this feels like watching the steam roller scene in Austin Powers.
October 3, 2022
OPEC+ is now producing below its targets by a record 3.58 million barrels per day – about 3.5% of global demand – highlighting underlying tight supply in the oil market…
September 27, 2022
Bank of America Securities analysts laid out cases in a recent note to clients for oil prices to both rise and fall by as much as $20 over the next few months.
September 20, 2022
