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tight oil Archive
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US enters undulating crude oil production plateau in 2015
Posted on March 18, 2015 | No CommentsThis is a post on the EIA Short Term Energy Outlook March 2015 (STEO) The following graph shows total US crude production according to EIA statistics until Feb 2015 and […] -
Free oil! Next stop free oil crunch
Posted on February 15, 2015 | No CommentsBuy 1 barrel of oil for $100, get one barrel free!That makes $50 a barrel. Looks like a sale. Hurry before it ends. Spare a thought for the poor oil […] -
Tight oil boom can explain only part of drop in US oil product imports
Posted on January 13, 2015 | No CommentsWe 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 […] -
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 […] -
US still needs to import 50 percent of its crude oil requirements despite increasing shale oil production
Posted on December 13, 2012 | No CommentsThis is an update to the previous article on US shale oil Summary The US based Energy Information Administration has increased its previous crude oil production forecast from 6.7 mb/d […] -
US shale oil hype
Posted on November 21, 2012 | No CommentsThe media are full of reports – quoting the recently published World Energy Outlook of the International Energy Agency (IEA) – about an energy revolution in the US, which is […]