The Oracle of Oil
Many have heard of peak oil, but few seem to understand what it really means, and fewer still know much of anything about the father of the idea, M. King Hubbert.
Oil
Peak Oil Review: A Midweek Update – Mar 31
It has been a volatile week for oil with prices settling Wednesday at $38.32 in New York and $39.85 in London. Some traders still seem to be fascinated by the upcoming meeting in Doha on April 17th to “freeze prices.”
Peak Oil Notes – Dec 24
A mid-week update. Oil prices continued to fall on Monday of this week, pushing Brent prices to lows not seen since 2004 and West Texas Intermediate to below $34 a barrel for the first time since 2009.
IEA: US$ 40 oil means 3 mp/d less oil by 2020
You want $40 oil? Yes, please. But according to the World Energy Outlook 2015 of the International Energy Agency, recently released in London, that would mean 3 mb/d less US tight (shale) oil by 2020.
Keystone XL: History Up Close
After nearly 30 years of inaction, will 2015 be seen as the year that the “war on climate change” started in earnest?
Iraq needs 1.3 mb/d additional oil exports and $US 70 oil to balance budget
If oil prices remain low Iraq will not get out of its current budget deficit. That will worsen all other problems this country is already suffering from.
Peak Oil Notes – 15 Oct
“Oversupply” continues to be the word-of-the-day with OPEC continuing to pump out about 2 million b/d more than is being consumed and the global economy continuing to slide.
Peak Oil Review – Oct 5
A weekly update, including: -Quote of the Week -Oil and the Global Economy, -The Middle East and North Africa, -China, -Russia/Ukraine, -The Briefs
Whatever Happened to Peak Oil?
Whatever happened to “peak oil” – the assertion that the rate at which oil is extracted from the Earth is nearing a maximum or peak level?
Peak Oil Notes – 24 Sep
Oil prices closed Wednesday near the bottom of the trading range that has been in place since the beginning of September.
Tight Oil Reality Check
America’s energy future is largely determined by the assumptions and expectations we have today.
Peak Oil Review – Sep 21
The US Secretary of Commerce noted last week that interest in acquiring new drilling rights in the Gulf of Mexico is dropping due to low oil prices.
