Peak Affordable Oil
Using the assessment of the Bank of Canada, production of affordable oil at price levels up to $75 has peaked or is at peak since the turning point of 2005. This means that the global economy cannot grow “normally” again.
Oil
Peak Oil Review – Feb 2
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, Quote of the Week, The Briefs, Commentary.
Tight oil boom can explain only part of drop in US oil product imports
This analysis shows that only around one quarter of a drop of 1.7 mb/d since 2005/06 can be explained by the tight oil boom.
Energy Crunch: unburnable oil
The price of oil fell below $50/barrel this week, extending the recent rout and causing turmoil in financial markets, worsening economic crisis in Russia and Venezuela, and helping to push the Eurozone towards deflation.
Peak Oil Notes – Jan 8
London’s Brent fell from $56 to a low of $49.83 triggering a wave of headlines that the $50 a barrel barrier had been broken.
Peak Oil Review – Jan 5
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia, Quote of the Week, The Briefs.
Peak Oil Review – Dec 29
A weekly review including: Oil and the Global Economy, The Middle East and North Africa, China, Russia/Ukraine, Quote of the Week, The Briefs.
Peak Oil Notes – Dec 25
Oil futures have been volatile this week, swinging $1-2 a barrel on the latest news.
Peak Oil Review – Dec 22
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, Quote of the Week, The Briefs.
The Oil Price Crash of 2014
Oil prices have fallen by half since late June. Since it’s almost the end of the year, perhaps this is a good time to stop and ask why?
Peak Oil Notes – Dec 18
Most observers are saying the pause in the rapid decline in oil prices is mostly techincial and that lower prices still are expected.
Peak Oil Review – Dec 15
A weekly review including Oil and the Global Economy, The Middle East & North Africa, China, Russia/Ukraine, Quote of the Week, The Briefs
