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US shale oil Archive
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Australia outsources its oil reserve problem to the US
Posted on May 22, 2020 | No CommentsFrom the Energy Minister’s media release: Australia to boost fuel security and establish national oil reserve 22 April 2020 The Australian Government is boosting the nation’s long-term fuel security by […] -
Impact of Corona Virus similar to some earlier peak oil scenarios
Posted on March 10, 2020 | No CommentsEmpty roads, grounded aircraft, falling tourist and international student numbers, plunging car sales, empty super market shelves, disrupted supply chains… Fig 1: Empty roads in Wuhan in February 2020 China […] -
2005-2018 Conventional crude production on a bumpy plateau – with a little help from Iraq
Posted on August 26, 2019 | No CommentsThis post is an update of a graph done in 2015: Fig 1: Conventional oil production on bumpy plateau 2005-2014 In http://crudeoilpeak.info/latest-graphs When adding the new data for 2015-2018 it […] -
World crude production outside US and Iraq is flat since 2005
Posted on June 10, 2019 | No CommentsIn the year 2005, the global crude production curve shows a definitive kink, going horizontal for several years. This caused the 2008 oil price shock and the following financial crisis […] -
US crude oil imports and exports update April 2018 data
Posted on July 11, 2018 | No CommentsContrary to common assumptions that the US is on the cusp of energy independence US crude oil imports averaged 7.8 mb/d in the last 12 months. 3.5 mb/d came from neighboring […] -
Former Prime Minister Howard assumes US shale oil will provide for China’s oil demand growth
Posted on November 4, 2017 | No CommentsAt this event at the Australian Institute for Asian Affairs 31/10/2017 Australia in Today’s World – some observations from former PM John Howard https://www.internationalaffairs.org.au/news-item/australia-todays-world/ John Howard was happy to report […] -
Australian ABC TV selectively quotes BP to match its own “no worries” narrative
Posted on May 29, 2017 | No CommentsOn the 7 pm news of Friday, 26/5/2017, with 610K viewers, ABC TV quoted from BP’s Energy Outlook 2017 by cherry-picking parts of graphs, giving viewers the impression that there […] -
Australian public broadcaster a true believer in US shale oil supremacy
Posted on September 27, 2016 | No CommentsIn yesterday’s 7 pm news ABC TV business presenter Alan Kohler got carried away with the news that the US drilling rig count increased by 2 rigs in the last […] -
US shale oil peak in 2015
Posted on March 30, 2016 | No CommentsThe recent EIA drilling productivity reports show a peaking of shale oil production in the main production regions. https://www.eia.gov/petroleum/drilling/ Fig 1: Bakken production change from old/new wells The 1st panel […] -
World outside US and Canada doesn’t produce more crude oil than in 2005
Posted on February 14, 2016 | No CommentsAfter 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 […]