US Shale Oil too Expensive, Peaks 1H 2015
According to EIA data, monthly US crude oil production peaked in April 2015 at 9.6 mb/d.
oil prices
Peak Oil Notes – Oct 1
A midweek update. Despite several important developments during the last few days which should affect the oil markets, prices have remained largely unchanged with New York futures closing at $45.09 and London at $48.37. London prices were down 10 percent and and New York down 8 percent.
Peak Oil Review – Sept 28
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
Is Cheaper Driving Here to Stay?
Gasoline may stay cheap until we burn through the current market glut in perhaps a year.
How our energy problem leads to a debt collapse problem
In this post, I show some longer-term time series relating to energy growth, GDP growth, and debt growth–going back to 1820 in some cases–that help us understand our situation better.
Peak Oil Ass-Backwards: Peak Oil, Meet Fractional-Reserve Banking
The convention says that the supply constraints of peak oil lead to an increase in oil prices. But when you factor in fractional-reserve banking, does this not instead imply a decrease in prices?
Peak Oil Review – Aug 31
A weekly roundup, including: -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
Peak Oil Notes – Aug 27
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.
Why the $20 Oil Predictions are Wrong
As the price of West Texas Intermediate (WTI) retests the $40 per barrel (bbl) mark, some pundits are again calling for WTI to fall to $15 or $20/bbl.
Peak Oil Notes – Aug 20
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 – Aug 13
A mid-week update. New York oil prices hit a six-year low of $42.69 on Tuesday before recovering later in the day and on Wednesday to close at $43.30.
Peak Oil Review Aug 10
A weekly roundup, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia -The Briefs
