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Analyst: OPEC’s Cuts Actually Destabilize Oil Market

Analyst: OPEC’s Cuts Actually Destabilize Oil Market

Contrary to its official mission…

China Just Got Handed The Oil Deal Of A Lifetime

China Just Got Handed The Oil Deal Of A Lifetime

China and Russia are sewing…

Energy / Crude Oil

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

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?

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

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

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?

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…

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