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US shale oil Archive
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![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 […] -
![Currently lower oil prices due to a combination of increasing oil supplies and subdued demand come at a high cost to the environment and the climate. Additional oil supplies are […]](http://crudeoilpeak.info/wp-content/uploads/2014/12/Incremental_crude_world_US_shale_oil_Canada_tar_sands_on_top_2001_Aug2014-115x115.jpg "World on drip of unconventional oil")
World on drip of unconventional oil
Posted on December 11, 2014 | No CommentsCurrently lower oil prices due to a combination of increasing oil supplies and subdued demand come at a high cost to the environment and the climate. Additional oil supplies are […] -
![This is part 2 of a series of articles on how US tight oil has impacted on oil markets The following graph shows US petroleum imports from OPEC countries starting […]](http://crudeoilpeak.info/wp-content/uploads/2014/11/US_petroleum_imports_from_OPEC_2007_Jun2014-115x115.jpg "US oil dependency on Middle East has hardly changed since 2007")
US oil dependency on Middle East has hardly changed since 2007
Posted on November 6, 2014 | No CommentsThis is part 2 of a series of articles on how US tight oil has impacted on oil markets The following graph shows US petroleum imports from OPEC countries starting […] -
![In part 1 of a series of articles on the impact of US tight (shale) oil we examine the impact on US oil consumption. Fig 1: US crude oil production […]](http://crudeoilpeak.info/wp-content/uploads/2014/11/US_petroleum_products_supplied_1963_2014E-115x115.jpg "US oil consumption did not increase as result of US tight oil boom")
US oil consumption did not increase as result of US tight oil boom
Posted on November 5, 2014 | No CommentsIn part 1 of a series of articles on the impact of US tight (shale) oil we examine the impact on US oil consumption. Fig 1: US crude oil production […] -
![The Medium Term Oil Market Report of the International Energy Agency (IEA, Paris), published in June 2014, contains a graph which implies that US crude production will start to peak […]](http://crudeoilpeak.info/wp-content/uploads/2014/08/US_oil_production_2007_2019_IEA_MTOMR_2014_restacked-115x115.jpg "IEA report implies US crude production may start to peak 2016")
IEA report implies US crude production may start to peak 2016
Posted on August 14, 2014 | No CommentsThe Medium Term Oil Market Report of the International Energy Agency (IEA, Paris), published in June 2014, contains a graph which implies that US crude production will start to peak […]