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.
US oil production
US enters undulating crude oil production plateau in 2015
Feel-good-outlooks make the TV audience happy, but sleepy.
Peak Oil Notes – Feb 12
A midweek update. The oil price rebound which began in late January continued through Monday of this week.
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.
The Cost of Cheap Oil
The world price of oil – Brent Crude – fell below $84 per barrel on October 15. What is going on? Why does the price of oil matter to financial advisors? What might these fluctuations mean to the price and supply of oil for the rest of the decade?
How will Saudi Arabia respond to lower oil prices?
Oil prices (along with prices of many other commodities) have fallen dramatically since last summer. Some observers are waiting to see if Saudi Arabia responds with significant cutbacks in production.
IEA report implies US crude production may start to peak 2016
When it becomes apparent that US tight (shale) oil has peaked, there will be a public confidence crisis because the media are parroting the oil and gas industry’s claim that shale oil is an energy revolution and game changer. Indeed, the game will change, but in unexpected ways.
Making Sense of the US Oil Story
What’s really going on with US oil production?
Saudi America and a Nuclear Future?
We spoke with Chris Nelder in Extraenvironmentalist episde #76. This is the first part of a transcript prepared by EE listener Scott.
Peak oil notes – May 15
A midweek update. New York and London futures prices have risen about $2 a barrel this week closing at $102.37 and $110.19 respectively on Wednesday.
Commentary: Interview with Dr. Sadad Al-Husseini
Since the autumn of 2011, a storyline of “oil revolution” and oil abundance–even “North American energy independence”—has taken the US media by storm.
About that EIA Hail Mary
The key take-away from the US EIA’s Annual Energy Outlook released one week ago jumps out in the graph below: US crude oil production should peak in 2016 at a level 26% higher than that projected just one year ago.