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.
oil price
Big Oil’s Broken Business Model
Many reasons have been provided for the dramatic plunge in the price of oil to about $60 per barrel (nearly half of what it was a year ago)…
Oil Prices Don’t Change Because of Rig Count
Oil prices don’t change based on weekly rig count reports. Yet every week, there are proclamations by analysts that oil prices are poised to recover because of some change in the Baker Hughes North American rig count
Peak Oil Notes – Feb 26
A mid-week update. Oil prices fell on Monday and Tuesday this week on expectations that US crude stocks will continue to grow.
Are We In The Midst Of An Epic Battle Between Interest Rates And The Oil Price?
What follows are the continuance of my research, discussions, observations and thoughts around the nexus of debts, interest rates and the oil price.
The Crash in the Price of Oil may Change the Oil Market – a Look at the IEA’s “Oil Medium-Term Market Report 2015”
On Tuesday 10 February at 13:00 GMT the IEA released its “Oil Medium-Term Market Report 2015”.
No Oil Price Rebound Yet: An Explanation in Two Charts
The Wall Street Journal on Tuesday, February 10 proclaimed “Oil-Price Rebound Predicted” according to the IEA. – Not true.
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.
The Latest Oil Glut: Once Bitten, Twice Shy
With the recent plunge in oil prices, it feels like the right time to check back in with Richard Heinberg of the Post-Carbon Institute.
Tight Oil Production Will Fade Quickly: The Truth About Rig Counts
U.S tight oil production from shale plays will fall more quickly than most assume.
Energy Crunch: Clean energy gains ground
Ever since oil and gas prices started to plunge, speculation that cheaper fossil fuels would mean a serious setback for renewables has been rife.
A New Theory of Energy and The Economy – Part 1 – Generating Economic Growth
How does the economy really work? In my view, there are many erroneous theories in published literature.