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Is Iraq Turning Its Back On The OPEC Deal?

Is Iraq Turning Its Back On The OPEC Deal?

OPEC’s second-largest producer is ramping…

What BP Got Wrong About Global Oil Demand

What BP Got Wrong About Global Oil Demand

The recent BP Energy Outlook…

Energy / Crude Oil

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,…

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…

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…

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…

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…

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,…

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.…

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…

How is an oil shortage like a missing cup of flour?

Feb 03, 2011 at 07:32 | Gail Tverberg

If I bake a batch of cookies and the recipe calls for two cups of flour, but I have only one, it is pretty clear that I can’t bake a…

Alternative Energy, Fossil Fuels and the Importance of Middle East Oil

Feb 02, 2011 at 10:25 | Charles Hugh Smith

Below are a series of charts that take a look at the current situation of alternative energy, oil and other fossil fuels and the importance of Middle Eastern Oil Supplies:…

Is Peak Oil Slipping Backwards to the Year 2060 and Beyond?

Feb 02, 2011 at 08:17 | Al Fin

“The estimates for how much oil there is in the world continue to increase,” according to William M Colton, Exxon Mobil’s vice president for corporate strategic planning. “There’s enough oil…

Exxon’s Hunt for Oil in the Black Sea

Feb 02, 2011 at 08:15 | Andy Soos

The quest for oil is an ever on going saga of the modern age. US-based ExxonMobil, the biggest privately-controlled oil company in the world, will make a new investment in…

Geopolitical Unrest and World Oil Markets

Feb 01, 2011 at 09:06 | James Hamilton

Change is on the way in the Arab world, with Egypt the latest focal point. Here I review recent events and their implications for world oil markets.

Model, Model: Who’s Got an Oil Market Model

Feb 01, 2011 at 08:26 | Ferdinand E. Banks

I had hoped to give a provocative lecture on the economics of nuclear energy at the forthcoming international meeting of the International Association for Energy Economics in wonderful summer Stockholm,…

Extreme Offshore: The Hunt for Hard to Find Crude

Jan 27, 2011 at 07:17 | Al Fin

Brazil's quest for extreme oil may cost as much as US$ 1 trillion. That is a lot of money to invest in a such a risky proposition -- to retrieve…

Corruption, Incompetence and Bureaucracy Holding Back Russian Oil Production

Jan 24, 2011 at 08:14 | Al Fin

While Russia is rich in oil and gas resources, the Russian government in 2008 had to introduce a US$4.2 billion tax cut at mid-year to reverse declining production after a…

Preparing for Life in a Peak Oil World

Jan 23, 2011 at 09:01 | Gail Tverberg

We know that peak oil will be here soon, and we feel like we should be doing something. But what? It is frustrating to know where to start. In this…

Generating More Fuel from Less Crude Oil

Jan 21, 2011 at 07:18 | Brian Westenhaus

The UK’s University of Bradford researchers are proposing a method for increasing the yield of the middle distillates, gasoline, jet fuel, and diesel fuel at the refinery by applying…

Dramatic Shift in the Peak Oil Debate

Jan 19, 2011 at 08:42 | Kurt Cobb

If you write about, speak about, or talk with your family, friends and co-workers about peak oil, you've almost certainly been asked: "Well, who else is saying what you're saying?"…

Peak Oil and Limits of the Hubbert Model

Jan 18, 2011 at 08:40 | The Oil Drum

The Hubbert model says that, within a reasonably large region, oil production should follow a bell shaped curve. When the model is applied to worldwide oil production, the maximum level…

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