- Description
- Matt Mushalik (MEAust, CPEng) Sydney
![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 […]](https://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 Economic Forum The Transformation of Energy Fig 1: WEF energy panellists 22/1/2016 From right to left: moderator Daniel Yergin (IHS), Fatih Birol (IEA), Hiroaki Nakanishi (Hitachi), Ignacio Sánchez (Iberdrola), […]](https://crudeoilpeak.info/wp-content/uploads/2016/02/OIL_gas_investments_2005-2015_IEA-115x115.jpg "IEA in Davos 2016 warns of higher oil prices in a few years’ time")
![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, […]](https://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 Australian Capital’s daily newspaper Canberra Times started the New Year by reprinting an article of the Daily Telegraph referring to an abundance of oil – without checking whether this […]](https://crudeoilpeak.info/wp-content/uploads/2016/01/AU_gasoline_stocks_Jul2010-Oct2015-115x115.jpg "No glut in Australian petroleum inventories")
![January Bush fires in Adelaide, Australia February Explosion in Kobani, Syria March Great Prophet 9 war games in Straits of Hormuz April Hanging tracks blasted over culvert washout on substandard […]](https://crudeoilpeak.info/wp-content/uploads/2015/12/Russian_missile_Caspian-115x115.jpg "Fireworks calendar 2015")
![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 […]](https://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?")
![Arab News reports: KSA pledges SR 30bn Egypt aid 17/12/2015 “JEDDAH: Custodian of the Two Holy Mosques King Salman has ordered that Saudi Arabia’s aid and investment package to Egypt […]](https://crudeoilpeak.info/wp-content/uploads/2015/12/Egypt_budget_sector_revenue_2005_2014_2019-115x115.jpg "Egypt budget and current account deficits – can Saudi Arabia bail out Cairo?")
![Oil production and consumption Fig 1: Oil production vs consumption After a post-peak decline production has stabilized but consumption has increased relentlessly at a long-term 1.7% pa, slightly below population […]](https://crudeoilpeak.info/wp-content/uploads/2015/12/Egypt_oil_production_vs_consumption_1965_2014_BPStatReviewJun2015-115x115.jpg "Egypt update: net oil importer and chokepoints")
![You want $40 oil? Yes, please. But according to the World Energy Outlook 2015 of the International Energy Agency, recently released in London, that would mean 3 mb/d less US […]](https://crudeoilpeak.info/wp-content/uploads/2015/11/US_crude_production_USD_50_scenario_2020_IEA_WEO_Nov-2015-115x115.jpg "IEA: US$ 40 oil means 3 mb/d less tight oil by 2020")
![The following graphs use data from the latest Article IV consultation report published by the International Monetary Fund (IMF) in August 2015. All IMF papers on Iraq are here. Government […]](https://crudeoilpeak.info/wp-content/uploads/2015/10/Iraq_Budget_Expenditure_IMF_2010_2020-115x115.jpg "Iraq needs 1.3 mb/d additional oil exports and $US 70 oil to balance budget")
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