It is quite obvious that high oil prices in the last 3-4 years Fig 1: WTI spot prices to 23/1/2015 http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=rwtc&f=w have reduced demand for oil, as shown in this IEA graph…
40 % of US petroleum product exports didn’t grow since 2011
This is another post in the series on how US tight oil has impacted on global oil markets. This time we look at US petroleum product exports. (1) Destination of US product…
Tight oil boom can explain only part of drop in US oil product imports
We continue to look at what impact US tight oil has on global oil markets, in this post the reduction of US petroleum product imports. This analysis shows that only around one…
Sydney mismanages transition to driver-less single deck trains (part 2)
In part 2 of this series we continue our excursion into Sydney’s rail world and look at whether this city spends its rail money wisely to prepare for an age of declining…
Sydney plans to dismantle rail infrastructure built just 6 years ago (part 1)
Contents: (1) Epping – Chatswood tunnel conversion works proposed (2) Removal of tracks at Epping and Chatswood (3) Operational flexibility reduced (4) Removal of signalling What can the world learn from…
World on drip of unconventional oil
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 exclusively from…
US crude imports from Non-OPEC countries peaked 10 years before tight oil boom
In part 3 of this series on the impact of US tight oil, we look at US crude oil imports from Non-OPEC countries. Excluding Canada – which is a special case due…
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 in 1960….
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 with tight…
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 another critical…