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Energy / Crude Oil

Enhancing Oil Recovery: A Look at Stripper Wells

Enhancing Oil Recovery: A Look at Stripper Wells

May 20, 2011 at 09:22 | Dave Summers

The Total (oil company) discussion on Enhanced Oil Recovery has an illustrative graph to explain why there is a growing need to get as much of the oil in a…

What is Oil Really Worth?

What is Oil Really Worth?

May 09, 2011 at 07:49 | Robert Rapier

The reason that oil company profits are so volatile is that sometimes the price of oil becomes pretty disconnected from the cost to produce it and convert it into finished…

World Oil Forecasts and Hubbert’s Peak

World Oil Forecasts and Hubbert’s Peak

May 04, 2011 at 08:46 | Gail Tverberg

Recently when I was reading some of the papers M. King Hubbert wrote, one thing struck me was the context in which he made his forecast regarding how world oil…

It's Time for Obama to Spook the Oil Markets

It's Time for Obama to Spook the Oil Markets

May 04, 2011 at 08:40 | Llewellyn King

The fate of the Obama presidency hangs not on a birth certificate or the red ink on the federal budget but by the hose nozzle of your local gas station.…

Peak Oil Update - April 2011

Peak Oil Update - April 2011

Apr 25, 2011 at 09:40 | Gail Tverberg

The US Energy Information Administration’s January oil production figures are out, and they show record oil production. Where are we headed from here? While production for January is up a…

Saudi Arabia Has Not Made up for the Drop in Libyan Oil Production

Saudi Arabia Has Not Made up for the Drop in Libyan Oil Production

Apr 18, 2011 at 10:41 | The Oil Drum

The OPEC Monthly Oil Market Report and IEA Oil Market Report both came out on Tuesday last week and allowed us to see how events in the Middle…

Israel May Hold the World’s Third Largest Reserve of Shale Oil

Israel May Hold the World’s Third Largest Reserve of Shale Oil

Apr 15, 2011 at 09:02 | David Caploe PhD

Last summer huge deposits of natural gas were found along Israel's northern coastline. As with almost everything having to do with that controversial country, both Israelis and others found this…

Saudi Arabia Oil Exports to Decrease Due to Increased Domastic Demand

Saudi Arabia Oil Exports to Decrease Due to Increased Domastic Demand

Apr 14, 2011 at 08:55 | The Oil Drum

Oil importing nations have long treated Saudi Arabia as an infinitely deep well of crude oil supplies. In 2005, Matt Simmon’s book Twilight in the Desert did much to call…

Oil Production Figures in Areas of Unrest (Middle East & North Africa)

Oil Production Figures in Areas of Unrest (Middle East & North Africa)

Apr 14, 2011 at 08:06 | Dave Summers

The popular protests among the countries of the Middle East and North Africa (MENA) are continuing to roil, and so, rather than the review of the countries that I have…

HSBC Report Warns we Only Have 50 Years of Oil Left

HSBC Report Warns we Only Have 50 Years of Oil Left

Apr 08, 2011 at 08:57 | Economywatch

The world may have no more than half a century of oil left at current rates of consumption, while surging demand from emerging markets threatens to create “very significant price…

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