Arthur Berman: Why The Price Of Oil Must Rise
Geologist Arthur Berman explains why today’s low oil prices are not here to stay, something investors and consumers alike should be very aware of.
global oil production
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
Kurt Cobb: Money Cannot Manufacture Resources
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
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
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
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
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
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
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
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
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
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.