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U.S. Oil Production Is Headed For A Quick Decline

U.S. Oil Production Is Headed For A Quick Decline

Several forecasters continue to raise…

Refining Frenzy Worsens Fuel Glut In Asia

Refining Frenzy Worsens Fuel Glut In Asia

The oil products glut in…

Energy / Crude Oil

Can the Oil Boom Cross the Rio Grande?

Can the Oil Boom Cross the Rio Grande?

Apr 29, 2013 at 17:30 | Daniel J. Graeber

A U.S. circuit court of appeals last week told the oil industry it couldn't pursue a case on disclosure rules at the appellate level. President Barack Obama's government has supported…

Oil Market Forecast & Review 26th April 2013

Oil Market Forecast & Review 26th April 2013

Apr 26, 2013 at 13:19 | Jim Hyerczyk

June crude oil surged on the daily and weekly charts, regaining a key support line and setting up the market for further upside action. Before getting too excited, however, keep…

“Peak Rail” – Has the Crude Shipping Train Left the Station?

“Peak Rail” – Has the Crude Shipping Train Left the Station?

Apr 25, 2013 at 17:11 | Keith Schaefer

Some call it the “holy rail.”In Alberta Canada, an estimated 120,000 barrels of oil per day are shipped out by train to the U.S. east coast and Gulf…

Statoil Eyes “Considerable” North Sea Discovery

Statoil Eyes “Considerable” North Sea Discovery

Apr 23, 2013 at 17:35 | Jen Alic

Norway’s Statoil (STO) is sitting on a new discovery in the North Sea that could contain between 40 million and 150 million recoverable barrels of oil equivalent, the company said…

Saudi Arabia’s Diminishing Influence in the Oil Market

Saudi Arabia’s Diminishing Influence in the Oil Market

Apr 23, 2013 at 17:24 | The Motley Fool

For three decades or so, Saudi Arabia has wielded considerable influence on the global oil market. The kingdom's status as the world's only "swing producer" has given it the unparalleled…

Peak Oil: An Issue of Economics not Geology

Peak Oil: An Issue of Economics not Geology

Apr 23, 2013 at 17:19 | Gail Tverberg

We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different from this–oil production rises and…

Oil Market Forecast & Review 19th April 2013

Oil Market Forecast & Review 19th April 2013

Apr 19, 2013 at 14:57 | Jim Hyerczyk

Last week’s technical report suggested that June crude oil was poised for a volatile move because of the triangle chart pattern formation it had formed. Although the chart pattern indicated…

A Quick Quiz on US Oil Production

A Quick Quiz on US Oil Production

Apr 17, 2013 at 16:54 | Robert Rapier

As a result of the hydraulic fracturing (fracking) revolution, US oil and natural gas production have been rising for several years. According to the Energy Information Administration (EIA), US oil…

Arab Countries Openly Discuss Peak Oil for the First Time

Arab Countries Openly Discuss Peak Oil for the First Time

Apr 16, 2013 at 17:00 | Fabius Maximus

Reflections by Robert Hirsch on the Conference “Peak Oil: Challenges and Opportunities for the GCC Countries”.Held at Doha, Qatar on 2-4 April 2013. Posted with his generous permission.

Developed Nations have Already Passed Peak Oil Demand

Developed Nations have Already Passed Peak Oil Demand

Apr 12, 2013 at 17:50 | Gail Tverberg

We in the United States, the Euro-zone, and Japan are already past peak oil demand. Oil demand has to do with how much oil we can afford. Many of the…

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