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Big Oil Tries To Buy Back Investors

Big Oil Tries To Buy Back Investors

Despite the turbulence in oil…

Energy / Crude Oil

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…

Huge Amount of Oil Available, But…

Huge Amount of Oil Available, But…

Dec 26, 2010 at 09:45 | Gail Tverberg

There is a huge amount of oil which theoretically can be extracted, but the question is whether the cost will be cheap enough for us to be able to afford…

Why Peak Oil Matters

Why Peak Oil Matters

Dec 21, 2010 at 10:55 | The Oil Drum

It is easy to become befuddled by the current discourse on peak oil. Peak oil is defined generally as the point at which the flow rate of oil to society…

A Look at Oil Company Subsidies

A Look at Oil Company Subsidies

Dec 02, 2010 at 19:41 | Robert Rapier

Following my recent essay on the elimination of the VEETC, the major ethanol subsidy in the U.S., some ethanol supporters argued for continuing the subsidies because oil companies receive…

A Detailed Look at the Middle East OPEC Oil Reserves

A Detailed Look at the Middle East OPEC Oil Reserves

Dec 01, 2010 at 11:31 | The Oil Drum

According to the BP statistical review of world energy 2010, the big six Middle East OPEC oil producers (Saudi Arabia, Iran, Iraq, Kuwait, Unite Arab Emirates (UAE) and Qatar)…

CO2 Being Used to Increase Oil Extraction

CO2 Being Used to Increase Oil Extraction

Dec 01, 2010 at 11:07 | Brian Westenhaus

Researchers have developed a soap-like additive for CO2 that turns it into a viable solvent for commercial-scale enhanced oil recovery to increase the amount of crude oil that can be…

The Next Big American Oil Resource Plays

The Next Big American Oil Resource Plays

Nov 22, 2010 at 10:49 | Brian Westenhaus

The rapidly getting famous Bakken Shale of the Williston Basin that stretches across a large portion of central North America is what most people consider as the latest great American…

Oil Will Run Out Before Replacements are Ready

Oil Will Run Out Before Replacements are Ready

Nov 19, 2010 at 08:31 | Brian Westenhaus

So says UC Davis Professor of Civil and Environmental Engineering Debbie Niemeier in a forecast that published on Nov. 8 in the journal Environmental Science & Technology. Sound nuts? …

Oil Demand in the West to Decline, According to the IEA

Oil Demand in the West to Decline, According to the IEA

Nov 18, 2010 at 13:52 | The Oil Drum

For those addicted to more roads, airports and the sweet smell of gasoline, the IEA's 2010 World Energy Outlook includes some pretty sober reading. As they did in last year's…

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