Peak Oil Notes – Oct 28
A mid-week update. After two weeks of steadily falling oil prices, the markets rebounded on Wednesday, closing up 6.3 percent in New York at $45.94 and 4.8 percent in London at $49.05.
oil production
Peak Oil Review – Oct 26
A weekly update on peak oil news, including: -Quote of the week -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -the Briefs
Peak Oil Notes – Oct 22
A midweek update. Prices continued to fall this week, hitting three week lows and wiping out recent gains.
Peak Oil Review – Oct 19
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
Peak Oil Review – Oct 12
A weekly update 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
Peak Oil Notes – Oct 8
A midweek update. After three days of increases which took oil prices up by over $4 a barrel, prices slipped on Wednesday after the weekly stocks report showed US crude inventories hitting a new all-time high.
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 – Aug 31
A weekly roundup, including: -Oil and the global economy -The Middle East and North Africa -China -Russia/Ukraine -The Briefs
Peak Oil Review Aug 10
A weekly roundup, including: -Oil and the Global Economy -The Middle East and North Africa -China -Russia -The Briefs
Asia depends on Middle East for 66 % of its oil imports
Of Asia’s total incremental oil imports since 2001, 4.5 mb/d (47%) have come from production growth, 3.9 mb/d (41%) from taking away imports of other countries (US, Europe, Africa and others) and 1.2 mb/d (12%) from direct consumption decline (US, Europe and others).
Peak Oil Notes – June 25
A midweek update. There was little change in oil prices so far this week as New York futures continued to trade around $60 per barrel and London futures around $64.
No, BP, the U. S. did NOT surpass Saudi Arabia in oil production
If what you’re selling cannot be sold on the world market as crude oil, then it’s not crude oil. The implications are fairly obvious: The world has substantially lower oil production than widely believed, and growth in world oil supplies has slowed considerably in the last several years.