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Ecuador Abandons The OPEC Deal: Who’s Next?

Ecuador Abandons The OPEC Deal: Who’s Next?

Ecuador has announced that it…

Energy / Crude Oil

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Why a Stable Libya is So Important to OPEC and World Oil Production

Feb 23, 2011 at 09:35 | Gail Tverberg

We keep hearing about unrest in the Middle East and Northern Africa, with Libya being the latest country to get top billing. Why all of the concern, especially related to…

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The Resurrection of Peak Oil

Feb 21, 2011 at 15:31 | Mad Hedge Fund Trader

It has been a long wait for “peak oilers,” whose passionate belief is that the world will run out of oil in coming years, sending prices through the roof. This…

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Realignment in Oil Pricing Could Dramatically Effect Energy Stocks

Feb 21, 2011 at 08:32 | Business Insider

The historic disconnect between West Texas Intermediate, the global oil benchmark traded at the Chicago Mercantile Exchange(CME), and Brent crude oil, the relative "upstart" traded at the IntercontinentalExchange(ICE), is more,…

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A Look at Oil Shale

Feb 18, 2011 at 08:41 | Andy Soos

Oil shale, which is an organic-rich fine-grained sedimentary rock, contains significant amounts of kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons can be extracted. Kerogen requires…

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Peak Oil is Not a Future Event – Saudi Arabia’s Overstated Reserves Help Prove This

Feb 18, 2011 at 08:35 | Business Insider

A lot of noise is being made about Wikileaks info that says the US thinks the Saudi’s are overstating their Proven Reserves by about 40%. This isn’t news.  It has…

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Is shale Oil the Answer to Peak Oil?

Feb 17, 2011 at 08:11 | Gail Tverberg

Readers have been asking questions about a couple of shale oil articles recently. One is an AP article called New drilling method opens vast oil fields in US. A…

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Was Last Week Really a Game Changer for the Oil Industry?

Feb 16, 2011 at 10:04 | Kurt Cobb

This past week was supposedly the week of the game changer in the world of oil. Leaked U.S. diplomatic cables from Saudi Arabia called into question the ability of the…

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Peak Oil: Low Quality is What is Killing Us, Not Low Quantity

Feb 14, 2011 at 07:20 | Gail Tverberg

The Peak Oil argument focuses on the question “How much oil?” We spend a lot of time discussing the exact inputs for Hubbert Linearization and projections of Ultimate Recoverable Reserves,…

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Oil Production Rising Once Again in North America

Feb 14, 2011 at 07:15 | Al Fin

"Peak oil in North America is likely not to be peak" given $90 per barrel prices and new technology that makes it easier to recover oil, he [Peter Tertzakian] said.…

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Tullow Oil Makes New Discovery off Ghana

Feb 11, 2011 at 11:52 | Stockopedia

Tullow Oil (LON:TLW) , the FTSE 100 oil and gas giant has made a new hydrocarbon discovery with the first well on its 2011 multi-well exploration campaign in the West…

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