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Breaking News:

IEA: OPEC Can’t Save The Oil Market

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Not Even China Can Save Oil Markets This Time Around

Despite still sluggish oil demand,…

Chevron

This Supermajor Is About To Slash Permian Oil Production

Chevron is slashing capital expenditures,…

Energy / Crude Oil

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

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?

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

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

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

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

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?

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

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

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…


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