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Will New Zealand Close Its Last Oil Refinery?

Will New Zealand Close Its Last Oil Refinery?

The Coronavirus pandemic has seriously…

Libya’s Oil Production Set To Rise To 260,000 Bpd Next Week

Libya’s Oil Production Set To Rise To 260,000 Bpd Next Week

Libya’s National Oil Corporation (NOC)…

Energy / Crude Oil

No Growth in Oil Production for 7 Years - Will Alternatives Arrive Soon Enough?

Nov 08, 2011 at 07:45 | Kurt Cobb

As oil prices rose ever higher in the last decade, the optimists kept predicting rising production capacity and plummeting prices. Looks like they got it wrong. We are entering what…

Peak Oil: The Five Most Common Misconceptions

Nov 08, 2011 at 07:33 | Robert Rapier

I have just returned from the annual ASPO conference in Washington, D.C. This was only my 2nd ASPO conference; the first one I attended was in 2008 in Sacramento. There…

Peak Oil - Why We need to Plan Now

Nov 04, 2011 at 08:40 | Tom Murphy

It was by teaching a course on energy in 2004 that I first became aware of the enormous challenges facing our society this century. In preparing for the course, I…

Peak Production for U.S. Oil-Producing Regions

Oct 21, 2011 at 07:31 | James Hamilton

I've just finished a new paper on Oil prices, exhaustible resources, and economic growth (click here for paper), which explores details behind the phenomenal increase in global crude oil…

IEA Wrong to Expect Oil Production Growth to Come from MENA

Oct 20, 2011 at 08:53 | Gail Tverberg

Recently, the International Energy Agency’s Chief Economist Fatih Birol was quoted as saying, In the next 10 years, more than 90% of the growth in global oil production needs…

Peak Oil and the European Debt Crisis

Oct 14, 2011 at 07:51 | Post Carbon

With every passing day it is becoming more apparent that the crisis of the depletion of cheap oil has become deeply enmeshed in the European debt crises. The sequence of…

Oil Boom in the USA

Oct 12, 2011 at 07:42 | Brian Westenhaus

The USA, largest consumer of oil and perhaps about fourth in production has entered an oil boom.  Not only is it related to improvements in production technology, but U.S. demand…

Prosperity and Peak Oil: Salvaging Your Economic Future

Oct 11, 2011 at 07:57 | Kurt Cobb

It is with some trepidation that I prepare for a trip that includes an appearance before college students who generally find the idea of peak oil so disturbing that they…

Peak Oil and the Financial Crisis: Where do Oil Prices Fit In?

Oct 10, 2011 at 07:52 | Post Carbon

The Financial Times and Wall Street Journal have gone into full crisis mode with live blogs continuously reporting unfolding events. Equity markets are falling and London oil prices have been…

Peak Oil and the Recessionary Cycle

Oct 06, 2011 at 07:20 | Kurt Cobb

In the minds of many of those concerned about an imminent rendezvous with peak oil, the day the world slides past the all-time peak in oil production will be a…

Peak Oil Infographic – A Clear Picture of Where we Stand with Fossil Fuels

Oct 04, 2011 at 07:26 | Al Fin

The below infographic takes an unbiased look at the current situation with peak oil, oil consumption and declining fossil fuel reserves.

Daniel Yergin and Oil Supply: Should we Really not Worry About Peak Oil

Oct 03, 2011 at 07:25 | Gail Tverberg

Saturday, September 17, the WSJ ran an essay by Daniel Yergin called, “There Will Be Oil.” In the essay, Yergin argues that the advocates of “peak oil” theory are…

The 10 Commandments - Guidelines to Surviving in a Post Peak Oil World

Oct 03, 2011 at 07:23 | Professor Chris Rhodes

If they are not actually "commandments" they might as well be. The original set of 10 provided a simple set of rules for members of a small community to live…

German Army’s Peak Oil Report Predicts Rising Oil Prices, Another Recession and The Demise of Banks

Sep 27, 2011 at 01:52 | Post Carbon

In the last five or six years at least 20 major studies have been published by governmental and non-governmental organizations that either deal with or touch upon the possibility of…

Daniel Yergin and Peak Oil - Prophet or Mere Historian?

Sep 19, 2011 at 15:54 | John Daly

On 17 September The Wall Street Journal published a fascinating article on “peak oil,” “There Will Be Oil,” written by Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, an…

Peak Oil and the Unsustainable Growth in Oil Demand

Sep 16, 2011 at 08:40 | Post Carbon

The release of the International Energy Agency's Oil Market Report for September is a good time to review the status of our ongoing crisis, for the report updates the IEA's…

World Motor Vehicle Count Over 1 Billion - What Does This Mean for Peak Oil

Sep 05, 2011 at 08:09 | Post Carbon

Last month Wards Auto published a story pointing out that the world's motor vehicle count was now over 1 billion. As could be expected, registered vehicles in China grew by…

Sell Oil for a Stock Hedge

Aug 30, 2011 at 18:02 | Mad Hedge Fund Trader

Over the last month, asset classes everywhere have downshifted to new, lower trading ranges, reflecting the very rapid chopping of GDP growth forecasts for 2011 from 4% to 2%. Oil…

Brazil’s Rapidly Expanding Offshore Oil Industry

Aug 29, 2011 at 07:44 | Al Fin

While the US Obama administration carries on a de facto offshore oil moratorium, Brazil is rushing to develop its own vast offshore petroleum resources. Brazil is spending over $220 billion…

Libya’s Post Gadhaffi Future - Who gets the Oil?

Aug 24, 2011 at 07:49 | John Daly

Muammar Gadhaffi’s 42 year-old regime is in its death rattle – maybe today, maybe tomorrow, his administration that has ruled Libya with a quixotic and brutal hand is about to…

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