Peak Oil Review – Sept 28
By Tom Whipple, ASPO-USA
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
Tag: global oil production
Kurt Cobb: Money Cannot Manufacture Resources
By Chris Martenson, Kurt Cobb, Peak Prosperity
Author Kurt Cobb writes frequently on energy and the environment and warns that our current economic policy suffers from a fatal degree of magical thinking: sufficient new resources will emerge if the price is high enough.
To Understand The Oil Story, You Need To Understand Exports
By Chris Martenson, Jeffrey J. Brown, Peak Prosperity
Over the past ten years, it has taken us trillions of dollars, basically, to keep us on an undulating plateau in actual crude oil production. What happens going forward?
How Fracking Changed the Economics of Oil Production Around the World
By James Meadway, DeSmog Blog
US shale oil is unusual, in being privately owned: most of the world’s oil reserves (over 70 percent) are in state hands.
Peak Oil Notes – Aug 27
By Tom Whipple, ASPO-USA
A midweek update. Oil prices fell sharply on Monday in response to another sell off in China’s stock markets, trading for a while below $38 a barrel in New York; rebounded on Tuesday; and were down again on Wednesday with New York closing at $38.60 and London at $43.14.
Peak Oil Notes – Aug 20
By Tom Whipple, ASPO-USA
A midweek update. On Wednesday, oil futures suffered their biggest one-day fall in a month after the EIA stocks report showed a 2.6 million barrel increase in US crude inventories after analysts had forecast a 600,000 barrel decline.
Peak Oil Notes – July 2
By Tom Whipple, ASPO-USA
A midweek update. Despite a rally on Tuesday, New York oil futures closed on Wednesday at $56.69 a barrel, the lowest level since mid-April.
Peak Oil Notes – May 14
By Tom Whipple, ASPO-USA
A midweek update. Market uncertainty continues as US crude stocks decreased for the second straight week, but so did US refinery utilization.
Peak Oil Notes – Mar 19
By Tom Whipple, ASPO-USA
A midweek update. Oil prices fell steadily this week until Wednesday afternoon when the Federal Reserve announced that it preferred a more gradual path to normalizing interest rates.
Peak Oil Review – Mar 2
By Tom Whipple, ASPO-USA
A weekly roundup of peak oil news, including: -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -Quote of the Week -The Briefs
Peak Oil Notes – Jan 15
By Tom Whipple, ASPO-USA
A mid-week update. Oil prices fell on Monday and Tuesday of this week, but then rebounded sharplyWednesday afternoon to close at $47.48 in New York and $48.69 in London.
Peak oil notes – Dec 11
By Tom Whipple, ASPO-USA
A midweek update. The drop in oil prices continued this week as US crude stocks increased; OPEC lowered its demand forecast for next year; several OPEC countries reduced their selling prices to Asian customers; and the Saudi Oil Minster reaffirmed his intention to maintain production.