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The Only OPEC Member That Could Challenge Saudi Oil Dominance

The Only OPEC Member That Could Challenge Saudi Oil Dominance

Iraq, OPEC’s second biggest producer,…

What’s Behind The North Sea Spending Spree?

What’s Behind The North Sea Spending Spree?

The North Sea is looking…

Energy / Crude Oil

Oil Shale Mining and Research Picking Up Steam

Oil Shale Mining and Research Picking Up Steam

Jan 15, 2011 at 09:04 | Al Fin

Estonia's largest oil shale mining company, Eesti Energia, reported the largest oil shale production figures in 18 years for 2010 - 17 million tons, up 3 million tons from the…

Declining Crude Oil Production and Incorrect Energy Data

Declining Crude Oil Production and Incorrect Energy Data

Jan 14, 2011 at 10:09 | The Oil Drum

The dramatic fall of Mexican oil production, and its largest field Cantarell, is often cited as a signature example of the problems facing Non-OPEC supply. Since the production highs of…

Investors Beware: Hidden Dangers of Increasing U.S. Dependence on Canadian Oil Sands

Investors Beware: Hidden Dangers of Increasing U.S. Dependence on Canadian Oil Sands

Jan 13, 2011 at 08:06 | Ed Dolan

Canada is the biggest supplier of oil imports to the United States. Increasingly, those imports come from its vast reserves of oil sands. Is the growing U.S. dependence on Canadian…

The First Oil Shock

The First Oil Shock

Jan 13, 2011 at 07:52 | James Hamilton

A research paper by Eyal Dvir of Boston College and Ken Rogoff of Harvard suggests some interesting parallels between the recent behavior of oil prices and what was observed…

What is Big Oil Thinking but Not Saying

What is Big Oil Thinking but Not Saying

Jan 07, 2011 at 11:10 | Brian Westenhaus

Big Oil is much smarter than people think.  By Big Oil this writer means the free world’s independent oil companies.  For those watching, Big Oil has been shifting the publicly…

Oil Industry Still Coming Under Fire

Oil Industry Still Coming Under Fire

Dec 31, 2010 at 10:44 | Gail Tverberg

Bashing the oil industry seems to be popular. The most recent example is the New York Times’ editorial They haven’t learned. I don’t think any industry is perfect, but…

In Situ Technologies and the Canadian Oil Sands

In Situ Technologies and the Canadian Oil Sands

Dec 31, 2010 at 10:41 | Al Fin

For oil sands that are too deep for surface mining operations, some form of "in-situ" is needed to extract the oil. Most in-situ operations involve the injection of steam into…

Iraq Oil Output Highest in 20 Years

Iraq Oil Output Highest in 20 Years

Dec 30, 2010 at 10:24 | ISN Security Watch

Iraq's new oil minister, Abdul Kareem Luaibi, said the country's oil output has reached 2.6 million barrels per day, the highest level for more than 20 years. Luaibi said developing…

What Can we do Now About Peak Oil

What Can we do Now About Peak Oil

Dec 29, 2010 at 06:41 | Gail Tverberg

Our problem now is that we have built a complex economy that depends on oil and other fuels. We can see that we will have less oil in the future.…

World Oil Production – A Look Ahead

World Oil Production – A Look Ahead

Dec 28, 2010 at 10:40 | Gail Tverberg

If we look at a graph of historical world oil production, we see a somewhat bumpy production pattern with two major price spikes (in 2009 $)–one peaking in 1981 and…

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