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US crude oil production Archive
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Qatar peak oil
Posted on December 6, 2018 | No CommentsQatar announces it will leave OPEC Fig 1: Qatar’s Minister for Energy 4/12/2018 Qatar to withdraw from OPEC in January 2019 Speaking at a news conference in the capital Doha, […] -
What happened to crude oil production after the first peak in 2005?
Posted on September 18, 2018 | No CommentsThe IEA (in Paris) proudly announced in its latest September 2018 Monthly Oil Market Report that global supplies (of liquids) have reached 100 mb/d in August, an impressive figure. What […] -
U.S. Storage Filling Up with Unaccounted-For Oil
Posted on October 7, 2016 | No CommentsThis is a joint post with Art Berman, a geological consultant based in Houston, Texas, and may be seen also on his website http://www.artberman.com/ U.S. crude oil storage is filling up […] -
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, […] -
IEA: US$ 40 oil means 3 mb/d less tight oil by 2020
Posted on November 16, 2015 | No CommentsYou 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 […] -
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 […] -
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 […] -
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 […]