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- Matt Mushalik (MEAust, CPEng) Sydney
![This is a joint post with Art Berman, a geological consultant based in Houston, Texas, and may be seen also on his website http://www.artberman.com/ U.S. crude oil storage is filling up […]](http://crudeoilpeak.info/wp-content/uploads/History_unaccounted_crude_US_stocks_2002-Sep2016-115x115.jpg "U.S. Storage Filling Up with Unaccounted-For Oil")
![In yesterday’s 7 pm news ABC TV business presenter Alan Kohler got carried away with the news that the US drilling rig count increased by 2 rigs in the last […]](http://crudeoilpeak.info/wp-content/uploads/Stability_USD_2011-2016-115x115.jpg "Australian public broadcaster a true believer in US shale oil supremacy")
![OPEC Fig 1: OPEC’s incremental crude oil production Incremental production for each country is the production above the minimum production for the period Jan 2000 – May 2016 (the latest […]](http://crudeoilpeak.info/wp-content/uploads/World_Incremental_crude_production_2000-May2016-115x115.jpg "Incremental crude production update August 2016")
![Fig 1: Oil crisis in China like in 2005? No. By order: Free roads for G20 in Hangzhou https://www.theguardian.com/world/2016/aug/31/china-hangzhou-propaganda-facelift-g20-summit Strategically published only days before the G20 summit the Wall Street […]](http://crudeoilpeak.info/wp-content/uploads/China_oil_production_consumption_2010_to_2045-115x115.jpg "China’s oil peak 45 years after the US peak")
![BP Statistical Review: proved reserves not so proven We start with what most people will do, the BP Statistical Review (latest version June 2016). The review’s Excel file contains a […]](http://crudeoilpeak.info/wp-content/uploads/Oil_reserves_function-of-price-115x115.jpg "Oil reserves and resources as function of oil price")
![A miracle happened 1 minute to 12. Two journos asked energy security questions at last week’s National Press Club in which Australia’s Prime Minister Malcolm Turnbull was given a last […]](http://crudeoilpeak.info/wp-content/uploads/Australian_crude_oil_imports_2004_Apr2016_by_country-115x115.jpg "Prime Minister Malcolm Turnbull’s exciting energy security in Australia")
![In this part on the budget 2016 series we have a look at the federal revenue: Fig 32: Time series of federal tax revenue Income tax was growing strongly at […]](http://crudeoilpeak.info/wp-content/uploads/Australian_taxation_revenue_2001-E2017-115x115.jpg "80 % of Australian budget deficit comes from lower company tax revenue after GFC (part 3)")
![We pick up the question from part 1: Fig 11: Homework for governments Let’s have a look where all the net imports into Asia have come from in the past: […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_consumption_2005-2015_fill_in-2035-115x115.jpg "Peak Oil in Asia and oil import trends (part 2)")
![According to data recently published in BP’s 2016 Statistical Review Asian oil production remained at around 8.3 mb/d for 4 years now. Fig 1: Asian oil production We see the […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_1965-2015-115x115.jpg "Peak Oil in Asia (part 1)")
![In part 1 we found that Treasury did not really explain why global growth is slower than expected given the oil price drop. We looked at some parameters like employment, […]](http://crudeoilpeak.info/wp-content/uploads/2016/06/Australian_oil_production_vs_exports_2000_2015-115x115.jpg "Australian budget 2016 underestimates role of oil (part 2)")
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