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US shale oil Archive
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![In the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis […]](http://crudeoilpeak.info/wp-content/uploads/World_crude_production_1994-Dec2018-115x115.jpg "World crude production outside US and Iraq is flat since 2005")
World crude production outside US and Iraq is flat since 2005
Posted on June 10, 2019 | No CommentsIn the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis […] -
![Contrary to common assumptions that the US is on the cusp of energy independence US crude oil imports averaged 7.8 mb/d in the last 12 months. 3.5 mb/d came from neighboring […]](http://crudeoilpeak.info/wp-content/uploads/US_crude_imports_by_country_1973-Apr2018-115x115.jpg "US crude oil imports and exports update April 2018 data")
US crude oil imports and exports update April 2018 data
Posted on July 11, 2018 | No CommentsContrary to common assumptions that the US is on the cusp of energy independence US crude oil imports averaged 7.8 mb/d in the last 12 months. 3.5 mb/d came from neighboring […] -
![At this event at the Australian Institute for Asian Affairs 31/10/2017 Australia in Today’s World – some observations from former PM John Howard https://aiiansw.tidyhq.com/public/schedule/events/16630-australia-in-today-s-world-some-observations-from-former-pm-john-howard John Howard was happy to report […]](http://crudeoilpeak.info/wp-content/uploads/Asia_oil_production_consumption_2005-2016_fill_in-2036-115x115.jpg "Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth")
Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth
Posted on November 4, 2017 | No CommentsAt this event at the Australian Institute for Asian Affairs 31/10/2017 Australia in Today’s World – some observations from former PM John Howard https://aiiansw.tidyhq.com/public/schedule/events/16630-australia-in-today-s-world-some-observations-from-former-pm-john-howard John Howard was happy to report […] -
![On the 7 pm news of Friday, 26/5/2017, with 610K viewers, ABC TV quoted from BP’s Energy Outlook 2017 by cherry-picking parts of graphs, giving viewers the impression that there […]](http://crudeoilpeak.info/wp-content/uploads/Lasker_Brent_crude_price_26May2017-115x115.jpg "Australian ABC TV selectively quotes BP to match its own “no worries” narrative")
Australian ABC TV selectively quotes BP to match its own “no worries” narrative
Posted on May 29, 2017 | No CommentsOn the 7 pm news of Friday, 26/5/2017, with 610K viewers, ABC TV quoted from BP’s Energy Outlook 2017 by cherry-picking parts of graphs, giving viewers the impression that there […] -
![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")
Australian public broadcaster a true believer in US shale oil supremacy
Posted on September 27, 2016 | No CommentsIn 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 […] -
![The recent EIA drilling productivity reports show a peaking of shale oil production in the main production regions. https://www.eia.gov/petroleum/drilling/ Fig 1: Bakken production change from old/new wells The 1st panel […]](http://crudeoilpeak.info/wp-content/uploads/2016/03/US-crude_production_7regions_rest_2007-Mar2016-115x115.jpg "US shale oil peak in 2015")
US shale oil peak in 2015
Posted on March 30, 2016 | No CommentsThe recent EIA drilling productivity reports show a peaking of shale oil production in the main production regions. https://www.eia.gov/petroleum/drilling/ Fig 1: Bakken production change from old/new wells The 1st panel […] -
![After a delay of several months the US Energy Information Administration has published the latest international energy statistics for October 2015 This is an opportunity to update crude oil graphs […]](http://crudeoilpeak.info/wp-content/uploads/2016/02/Incremental_crude_world_growth_decline_OPEC_US_Canada_2001_Oct2015-115x115.jpg "World outside US and Canada doesn’t produce more crude oil than in 2005")
World outside US and Canada doesn’t produce more crude oil than in 2005
Posted on February 14, 2016 | No CommentsAfter a delay of several months the US Energy Information Administration has published the latest international energy statistics for October 2015 This is an opportunity to update crude oil graphs […] -
![Google for “US energy independence” and you will get 134k results, “US self sufficiency” yields 10k results. Here are some examples of what the media reports: In Aljazeera’s Inside Story, […]](http://crudeoilpeak.info/wp-content/uploads/2016/01/US_crude_oil_imports_and_production_to_Oct2015-115x115.jpg "The myth of US self-sufficiency in crude oil")
The myth of US self-sufficiency in crude oil
Posted on January 21, 2016 | No CommentsGoogle for “US energy independence” and you will get 134k results, “US self sufficiency” yields 10k results. Here are some examples of what the media reports: In Aljazeera’s Inside Story, […] -
![The media is full with news that there is a global oil glut. There are now more than 3bn barrels of excess oil in the world 13/11/2015 http://www.telegraph.co.uk/finance/oilprices/11993687/There-are-now-more-than-3bn-barrels-of-excess-oil-in-the-world.html Record oil […]](http://crudeoilpeak.info/wp-content/uploads/2015/12/OECD_stock_change_Dec2015_by_fuel_region-115x115.jpg "Where actually is that much-hyped global oil glut?")
Where actually is that much-hyped global oil glut?
Posted on December 29, 2015 | No CommentsThe media is full with news that there is a global oil glut. There are now more than 3bn barrels of excess oil in the world 13/11/2015 http://www.telegraph.co.uk/finance/oilprices/11993687/There-are-now-more-than-3bn-barrels-of-excess-oil-in-the-world.html Record oil […] -
![According to EIA data, monthly US crude oil production peaked in April 2015 at 9.6 mb/d. Fig 1: US crude oil production to June 2015 http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_m.htm The above graph shows […]](http://crudeoilpeak.info/wp-content/uploads/2015/09/US_crude_production_Jan2007-Jun2015_EIA-115x115.jpg "US shale oil too expensive, peaks 1H 2015")
US shale oil too expensive, peaks 1H 2015
Posted on September 30, 2015 | No CommentsAccording to EIA data, monthly US crude oil production peaked in April 2015 at 9.6 mb/d. Fig 1: US crude oil production to June 2015 http://www.eia.gov/dnav/pet/pet_crd_crpdn_adc_mbblpd_m.htm The above graph shows […]