Pic 1: Druzhba oil pipeline, refineries supplied https://fingfx.thomsonreuters.com/gfx/ce/7/4144/4136/Druzhba%20IEA.png .Fig 2: Crude production peaked before Covid at around 10.6 mb/d That this production level would be some kind of limit was known for…
Category: Ukraine
Australia’s oil consumption highly vulnerable to events in the Middle East
The world came very close to an escalating war in the Middle East. BBC asked: Iran missile attack: Did Tehran intentionally avoid US casualties? 8/1/2020 Fig 1: Damage to the US air…
The Ukraine conflict, peak cheap gas and the MH17 tragedy
For 8 years now there are problems with Russian gas flowing to and through Ukraine. Even Europe – where gas production peaked 10 years ago – has been affected. The fact is…