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Signs Of Slower Permian Oil Growth Continue To Emerge

Signs Of Slower Permian Oil Growth Continue To Emerge

While U.S. shale production is…

Colombia’s Push To Triple Proven Oil & Gas Reserves

Colombia’s Push To Triple Proven Oil & Gas Reserves

Colombia’s new government sees the…

Energy / Crude Oil

Will Less Oil Lead to Lower Standards of Living?

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

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?

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

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

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

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

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…

Saudi Arabia Using Oil as an Economic Weapon Against Iran

Saudi Arabia Using Oil as an Economic Weapon Against Iran

Jun 28, 2011 at 07:40 | Energy Digital

Saudi Arabia fears Iran's pursuit of nuclear weapons, and may flood the market with its oil reserves to bankrupt Tehran Saudi Arabia and Iran have been in a bitter dispute…

Releasing Oil From the SPR - A Desperate Economic Fix as QE2 Comes to an End?

Releasing Oil From the SPR - A Desperate Economic Fix as QE2 Comes to an End?

Jun 27, 2011 at 08:29 | Gail Tverberg

The International Energy Association (IEA) announced a plan on Thursday last week to make 60 million barrels of oil available to the market over the next month from the Strategic Petroleum…

What is Obama Trying to Achieve with Thursday’s Shocking Oil Announcement?

What is Obama Trying to Achieve with Thursday’s Shocking Oil Announcement?

Jun 25, 2011 at 08:57 | Bruce Krasting

I’m surprised by the move by the President and the IEA. What’s this about? Is it about the price of oil? Before the announcement WTI was sitting around 95. That’s…

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