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U.S. On The Hunt For Iranian “Ghost Tankers”

U.S. On The Hunt For Iranian “Ghost Tankers”

The United States has started…

Energy / Crude Oil

Scientists Develop More Efficient Way to Extract Oil from Oil Sands

Scientists Develop More Efficient Way to Extract Oil from Oil Sands

Mar 21, 2011 at 09:55 | Al Fin

Oil sands represent approximately two-thirds of the world’s estimated oil reserves. Canada is the world’s major producer of unconventional petroleum from sands, and the U.S. imports more than one million…

Reducing America’s Reliance on Foreign Oil

Reducing America’s Reliance on Foreign Oil

Mar 16, 2011 at 09:53 | Stuart Burns

The high price of oil won’t have passed you by if you’ve had to fuel your car or your home boiler recently, and the values of oil exporters’ currencies are…

Peak Oil Confronts Peak Idiocracy: What to Do?

Peak Oil Confronts Peak Idiocracy: What to Do?

Mar 16, 2011 at 09:21 | Al Fin

Political restrictions on international oil drilling by OPEC, Russia, and other national oil companies and dictatorships is driving international companies to drill in more extreme environments. Extreme offshore drilling is…

Update on Libyan Oil Production

Update on Libyan Oil Production

Mar 15, 2011 at 08:53 | Global Intelligence Report

The trajectory of Libyan oil production remains concerning. Estimates of current shut in production vary from a low of 500,000 barrels/day (b/d) to over 1 million, from a total production…

Peak Oil – Scaremongering or Soon Reality?

Peak Oil – Scaremongering or Soon Reality?

Mar 14, 2011 at 09:04 | Ronald Stoeferle

As pointed out in previous reports we think that the maximum global production of conventional oil could soon be reached. There is no doubt that peak oil is more than…

How to Live in a World with Declining Oil Production

How to Live in a World with Declining Oil Production

Mar 14, 2011 at 08:58 | Gail Tverberg

We don’t know precisely how oil supply will work out, but if it declines quickly, we need to think about how we can deal with such an outcome. A quick…

What will Saudi Arabia do?

What will Saudi Arabia do?

Mar 11, 2011 at 07:16 | James Hamilton

One key question in determining the impact of instability in Libya and elsewhere on world oil markets is how much other countries can and will increase production to offset the…

Oil Production Fears Increase as Unrest Spreads to Oman

Oil Production Fears Increase as Unrest Spreads to Oman

Mar 09, 2011 at 07:35 | The Oil Drum

There are reports that the unrest in the Middle East has spread to the Sultanate of Oman. While at the moment there have been only one or perhaps two deaths,…

Peak Oil, The Middle East and Western Civilizations Sandy Foundations

Peak Oil, The Middle East and Western Civilizations Sandy Foundations

Mar 08, 2011 at 07:30 | Professor Chris Rhodes

Political tensions in the Middle East once again remind us of the fragile dependency of the Western nations on imported petroleum, which have driven the price of a barrel of…

Despite Huge Resources Only a Small Amount of Oil is Recoverable

Despite Huge Resources Only a Small Amount of Oil is Recoverable

Mar 02, 2011 at 10:11 | Gail Tverberg

The world holds a huge amount of oil resources. Besides liquid oil, there is very heavy oil in various forms. There is also liquid oil trapped in oil shale, oil…

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