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Bad News From China Could Be The Harbinger For Lower Oil Prices

Bad News From China Could Be The Harbinger For Lower Oil Prices

Despite some industrial sector gains,…

Kuwait Announces Massive Offshore Oil and Gas Discovery

Kuwait Announces Massive Offshore Oil and Gas Discovery

Kuwait's offshore oil discovery in…

Energy / Crude Oil

The 10 Commandments - Guidelines to Surviving in a Post Peak Oil World

Oct 03, 2011 at 07:23 | Professor Chris Rhodes

If they are not actually "commandments" they might as well be. The original set of 10 provided a simple set of rules for members of a small community to live…

German Army’s Peak Oil Report Predicts Rising Oil Prices, Another Recession and The Demise of Banks

Sep 27, 2011 at 01:52 | Post Carbon

In the last five or six years at least 20 major studies have been published by governmental and non-governmental organizations that either deal with or touch upon the possibility of…

Daniel Yergin and Peak Oil - Prophet or Mere Historian?

Sep 19, 2011 at 15:54 | John Daly

On 17 September The Wall Street Journal published a fascinating article on “peak oil,” “There Will Be Oil,” written by Daniel Yergin, chairman of IHS Cambridge Energy Research Associates, an…

Peak Oil and the Unsustainable Growth in Oil Demand

Sep 16, 2011 at 08:40 | Post Carbon

The release of the International Energy Agency's Oil Market Report for September is a good time to review the status of our ongoing crisis, for the report updates the IEA's…

World Motor Vehicle Count Over 1 Billion - What Does This Mean for Peak Oil

Sep 05, 2011 at 08:09 | Post Carbon

Last month Wards Auto published a story pointing out that the world's motor vehicle count was now over 1 billion. As could be expected, registered vehicles in China grew by…

Sell Oil for a Stock Hedge

Aug 30, 2011 at 18:02 | Mad Hedge Fund Trader

Over the last month, asset classes everywhere have downshifted to new, lower trading ranges, reflecting the very rapid chopping of GDP growth forecasts for 2011 from 4% to 2%. Oil…

Brazil’s Rapidly Expanding Offshore Oil Industry

Aug 29, 2011 at 07:44 | Al Fin

While the US Obama administration carries on a de facto offshore oil moratorium, Brazil is rushing to develop its own vast offshore petroleum resources. Brazil is spending over $220 billion…

Libya’s Post Gadhaffi Future - Who gets the Oil?

Aug 24, 2011 at 07:49 | John Daly

Muammar Gadhaffi’s 42 year-old regime is in its death rattle – maybe today, maybe tomorrow, his administration that has ruled Libya with a quixotic and brutal hand is about to…

What Aren't we Being Told About Peak Oil

Aug 18, 2011 at 08:06 | Fabius Maximus

Peak Oil will be one of the defining events of this century. Forecasts by professionals in energy-related fields fall in a large range between 2006 and 2025+, with most forecasts…

Why a Limited Supply of Cheap Oil is Pushing us Into Another Recession

Aug 15, 2011 at 09:25 | Gail Tverberg

People wonder what has been happening recently, with wildly gyrating financial markets and government debt problems. It seems to me that we are bumping up against an economic growth ceiling,…

Peak Oil: Grim Reality or Conspiracy Myth?

Aug 10, 2011 at 08:29 | John Daly

“The era of cheap oil is over and will never come back… Conventional oil peaked in 2006,” - Fatih Birol, International Energy Agency Chief Economist, 25 May 2011 There…

The Loss of Oil Hegemony in the West

Aug 08, 2011 at 07:39 | Andrew Smolski

This author put out an article on dollar supremacy, Jesters, Economics and American Dollar Supremacy, which showed some weak correlations between oil prices and said dollar supremacy. The article…

Promising Economic and Environmental Developments in Oil Sands Production

Aug 02, 2011 at 07:47 | Al Fin

Canadian oil sands producers are making progress on many fronts, to produce a cleaner and more environmentally friendly product, in ever greater quantities. Brian Wang discusses the N-Solv Process, and…

Will Less Oil Lead to Lower Standards of Living?

Jul 22, 2011 at 07:45 | Gail Tverberg

The amount of oil that is extracted from the ground each year has been close to flat since 2005, regardless of what has happened to price. Since world population has…

Our Oil Future may not be as Bleak as it Seems

Jul 22, 2011 at 07:38 | Brian Westenhaus

The wide-ranging Al Fin hit upon a graph that will stun the peak oil believers.  You’ll want to save this.  The flip side is it comes from the International Energy…

Iran Opens Oil Bourse - Harbinger of Trouble for New York and London?

Jul 18, 2011 at 08:32 | John Daly

The last three years of global recession have dealt a major blow to American capitalist ideas trumpeted throughout the world on the value of “free markets.” Wall St has been…

The Relationship between Peak Oil and Peak Debt - Part 2

Jul 14, 2011 at 08:05 | Gail Tverberg

In Part 1 of this post, I pointed out that an economy is closely linked with the resources that underly it. Because of this, if there is really is a…

The Relationship Between Peak Oil and Peak Debt - Part 1

Jul 12, 2011 at 07:59 | Gail Tverberg

There is really a two-way link between peak oil and peak debt: 1. Peak oil tends to cause peak debt. Some will argue with me about this, because they believe…

South Sudan - The World's Newest, Fragile, Oil-Rich Petrostate

Jul 11, 2011 at 08:37 | John Daly

Saturday, 9 July saw an event unusual in global politics - the emergence of a large Christan black petrostate, 90 percent of whose inhabitants live below the poverty line on…

Ambush in the Oil Market

Jun 29, 2011 at 19:38 | Mad Hedge Fund Trader

The most significant development in the financial markets during my recent sojourns in Europe was the International Energy Agency’s shocking release of strategic petroleum reserves. Unprecedented during peacetime, the move…

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