Libya is producing only about…
Crude prices have fallen this…
The US is sitting on more reserves of oil-equivalent than is likely to be found in the entire Persian Gulf. Under the Obama regime that is all the US will…
There is a Gold Rush Underway in Iraq, with major implications for the rest of us. The success of the recent oil auctions in Iraq is creating a windfall for…
Last week I gave a lecture in Paris at the Université de Paris (Dauphine), in which I did my usual best to explain to a group of energy economics students…
Jon Hilsenrath (WSJ) has yet another article on Fed propaganda to ease the way to QE-2. Today it was Chicago Fed boss Charles Evans doing the talking. He is in…
In a world desperate for new oil supplies, Venezuela beckons. But will its fumbling management of oil production lead to foreign intervention, covert or otherwise, in a effort to raise…
JORDAN has over 0.59 trillion barrels of oil equivalent (boe) of oil-shale reserves, says one of the companies trying to develop the resource. It is an estimate that could revolutionise…
It is often said that the test of any civilization is how it treats its weakest members. Those who are compromised physically, mentally or emotionally create a sort of live-action…
Nobody likes to hear a bleak diagnosis. But without a proper diagnosis, if you have a serious illness, your chances of survival become vanishingly small. Enter Guy McPherson, conservation…
It is demand for oil that may peak as governments adapt to the problems of global warming, security of supply and an amplitude of market volatility that could bring economic…
Back in June, I gave a presentation on Peak Oil at the Global Footprint Conference in Siena, Italy. Following my presentation, I was asked to do a pair of interviews.…
Respected oil analyst and oil industry veteran Charles Maxwell (nicknamed the “Dean of Oil Analysts”) has forecast peak oil by 2017 or 2018: Bracing For Peak Oil Production By…
Rising demand for oil will exceed the quantity of it that can be withdrawn from the earth, resulting in a supply-demand gap. Once production does peak the gap will be…
If you wonder why I recommend a shower after investing in Russia, Bill Browder will give you the reasons at length on his YouTube video (see below video). Bill is…
Until we explore the entire planet as carefully as we did Oklahoma and Texas, our assessment of global oil reserves will have plenty of room for surprises. _Vaclav Smil Deeply…
This week a study on peak oil by a German military think tank was leaked on the Internet. The document shows that the German government is closely studying the issue…
The horizontal drilling and fracturing techniques that press’s favorite devil Halliburton pioneered to trigger the natural gas boom are the same technologies spurring a Canadian and U.S. oil drilling boom.…
Recently the Swedish Oil and Gas Network graciously invited me to attend one of their seminars, and perhaps share with guests from abroad some of my thoughts on Iraqi oil,…
I recently spent an evening with Ambassador Richard Jones, the Deputy Executive Director of the International Energy Agency in Paris, who had some eye opening things to say about the…
There is an open secret in the oil industry that dare not speak its name: peak oil. Well, two did speak its name and gained no acclaim for it. One,…
Scientists have known for quite a while that most of Earth's oil came from vast numbers of oceanic microscopic organisms -- rather than from dead dinosaurs. From diatoms to micro-algae…