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![US oil dependency on Middle East has hardly changed since 2007 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 […]](https://crudeoilpeak.info/wp-content/uploads/2014/11/US_petroleum_imports_from_OPEC_2007_Jun2014-115x115.jpg)
![US oil consumption did not increase as result of US tight oil boom 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 […]](https://crudeoilpeak.info/wp-content/uploads/2014/11/US_petroleum_products_supplied_1963_2014E-115x115.jpg)
![Team Australia to pay billions for new oil-vulnerable infrastructure One would think that an increase of oil related taxes would be used to reduce oil dependency and fund public transport infrastructure, especially as the Iraq war has entered yet […]](https://crudeoilpeak.info/wp-content/uploads/2014/10/Fuel_excise_19bn_10years-115x115.jpg)
![Sydney’s Caltex refinery closed as Chevron’s crude production and sales continue to decline As already announced in July 2012, Sydney’s Caltex refinery (135 kb/d) has now closed, replaced by a fuel import terminal, holding approximately 45 to 60 days of inventory (Caltex Annual […]](https://crudeoilpeak.info/wp-content/uploads/2014/10/Caltex_refinery_closed_Oct2014-115x115.jpg)
![Sydney’s risky NorthConnex tunnel will not solve congestion problem Fig 1: NorthConnex tunnel proposal http://northconnex.com.au/library.php The current congestion problem on Pennant Hills Rd is caused by 4 distinctive traffic flows overlapping in this narrow corridor: (a) trucks on the […]](https://crudeoilpeak.info/wp-content/uploads/2014/10/Pennant_Hills_Rd_AWDT_tunnel_2013_2019-2029-115x115.jpg)
![Scots lost out in UK oil and gas endgame The future of UK’s oil and gas sector was a key issue in the independence campaign. Promises were made by Prime Minister Cameron to give more powers to Scotland. Would […]](https://crudeoilpeak.info/wp-content/uploads/2014/09/UK_oil_production_1975_2013-115x115.jpg)
![US shale oil growth covers up production drop in rest-of-world We use the period starting with January 2010 when crude production had come back to 2005 levels after the exceptional year of 2009 Fig 1: US crude oil vs crude […]](https://crudeoilpeak.info/wp-content/uploads/2014/09/US_crude_oil_growth_vs_rest_of_world_Jan_2010_May2014-115x115.jpg)
![Qantas growing passenger numbers don’t increase revenue A lot has been written about Qantas’ FY 2014 losses of AU$2.8 bn but no analysis was done by the main stream media how the timeline of these losses are […]](https://crudeoilpeak.info/wp-content/uploads/2014/09/Qantas_passengers_1999_2014-115x115.jpg)
![Australian Prime Minister Tony Abbott pedalling in wrong direction Fig 1: Australian Prime Minister Tony Abbott (centre, yellow helmet) likes biking There are only a few Prime Ministers in this world who are pro-actively biking. Tony Abbott is one […]](https://crudeoilpeak.info/wp-content/uploads/2014/08/Tony_Abbott_Mudgee_Blue_Mountains_biking_Aug2014-115x115.jpg)
![IEA report implies US crude production may start to peak 2016 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 […]](https://crudeoilpeak.info/wp-content/uploads/2014/08/US_oil_production_2007_2019_IEA_MTOMR_2014_restacked-115x115.jpg)