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US shale oil Archive
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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, […] -
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 […] -
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 […] -
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 […] -
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 […] -
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 […] -
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 […] -
Jean Laherrere uses Hubbert linearization to estimate Bakken shale oil peak in 2014
Posted on January 31, 2014 | No CommentsIn his latest research on shale oil French oil geologist Jean Laherrere from ASPO France http://aspofrance.viabloga.com/texts/documents estimates a Bakken shale oil peak in 2014 He uses a Hubbert linearization to […] -
Unsustainable Sydney: cost of using M2 toll-way grows 4 times faster than traffic
Posted on January 16, 2014 | No CommentsLatest figures for the 4th quarter of 2013 show that for a 7.5% increase of traffic over 3 years after an additional 3rd lane was opened, the cost to motorists […] -
No number crunching in Alan Kohler opinion piece on premature peak oil death
Posted on March 7, 2012 | No CommentsThis article is on Alan Kohler ‘s piece “The death of peak oil” http://www.abc.net.au/news/2012-02-29/kohler-oil-reserves-shift-global-markets/3859118 Contents: (1) Too many peaks to handle (2) US shale oil production and projections (3) Tough […]