Prices and production
It was another down week for oil prices. Starting out in the low $40s, oil Continue Reading
Russia
Of all the countries exporting oil, Russia seems to be suffering the most serious consequences Continue Reading
Electric Cars
It is now generally acknowledged that if the automobile is to have a future, it Continue Reading
Briefs
(clips from recent Peak Oil News dailies are indicated by date and item #) Continue Reading
Quote of the Week
“Cheating on OPEC quotas is not a problem. It’s a tradition.” — Byron King, energy Continue Reading
Mexico
PEMEX has released new numbers showing that its oil production slid by 9.3 percent during Continue Reading
Ukraine’s Gas Bill
The annual fight over payment for the gas that Ukraine buys from Russia is once Continue Reading
The Price Plunge Continues
Nothing that governments can do seems to stop falling oil prices; Zero interest rates, Detroit Continue Reading
The IEA Sets a Date
In the IEA’s annual report, “The World Energy Outlook 2008”, the agency says that “although Continue Reading
Prices and Production
Crude prices started the week with the January contract touching $49 on Monday on prospects Continue Reading
OPEC May Meet in January
After touting for weeks the “sizeable” production cuts that would drive oil prices back to Continue Reading
Investment in Oil Production
Alarms continued to sound around the world last week bemoaning the sudden drop in oil Continue Reading
The OPEC decision
After weeks of buildup the OPEC meeting in Oran finished with a surprise and an Continue Reading
IEA says 2020
Fatih Birol, chief economist to the International Energy Agency, told the UK’s Guardian newspaper that Continue Reading
The Detroit Saga
The clock continues to run down on the US auto industry as the administration struggles Continue Reading
Prices and Production
It was yet another volatile week with oil prices swinging wildly in reaction to the Continue Reading
Obama's Energy Team
Later today President-elect Obama will introduce the team that will lead the development and implementation Continue Reading
Automobiles
Last week’s news was headlined by efforts in Congress to provide temporary aid to Detroit Continue Reading
Quote of the Week
“If the world invests more and more in fossil fuels that are becoming increasingly expensive Continue Reading
The Markets Wait
So far this week oil prices have gyrated in the low $40s, torn between the Continue Reading
The Struggle in OPEC
The politics within OPEC are coming under closer scrutiny as it becomes clearer that a Continue Reading
Prices and Production: IEA Cuts Demand Forecast
OPEC’s failure to act at its November 29th meeting, coupled with a steady stream of Continue Reading
OPEC and Russia are Hurting
Only a few months ago OPEC and Russia were on top of world with oil Continue Reading
Investment Continues to Fall
Although not yet widely appreciated, a key underpinning for economic recovery will be the size Continue Reading
Detroit in the Balance
For a second week, the world’s attention was focused on efforts in Washington to sustain Continue Reading