Peak Oil Review – Mar 24
A weekly review including Oil and the Global Economy, The Middle East & North Africa, The Ukrainian Situation, Quote of the Week, The Briefs.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, The Ukrainian Situation, Quote of the Week, The Briefs.
New York oil prices have climbed about $1 a barrel this week closing on Wednesday at $100.29, while London oil slipped to close at $105.85 on hopes that the Ukrainian situation will not lead to a curtailment of oil supplies to Europe.
In an interview with ASPO USA in January 2014 Ex-Saudi Aramco geologist Dr. Sadad-Al-Husseini predicted oil price spikes of $140 by 2016/17. This post shows some graphs explaining why this could happen.
A weekly review including Oil and the Global Economy, The Middle East & North Africa, Ukraine, Quote of the Week, The Briefs
Net pay is what you have to pay your bills today. And, net energy is what society has in order to conduct its business (and its fun) on any given day. Is net energy still increasing?
A weekly update including Oil and the Global Economy, The Middle East & North Africa, China, Quote of the Week, The Briefs.
There is no U.S. oil and gas export "weapon" to aim at Russia to counter its moves in the Ukraine. The U.S. isn’t even supplying its own needs. But you wouldn’t know that from media reports and editorials in the last week.
This week’s trading has been dominated by the Ukrainian situation which sent Brent crude surging by $3 a barrel on Monday before falling to close at $107.76 — nearly $1.50 below where it started on Monday.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Venezuela, Ukraine, Quote of the Week, The Briefs.
In 2013, 69 percent of Bakken oil traveled by rail; that percentage is expected to reach 90 percent this year.
Steven Kopits, Managing Director, Douglas-Westwood talks peak oil and oil markets.
A weekly update including: Oil and the Global Economy, The Middle East & North Africa, Venezuela, Quote of the Week, The Briefs