Aubrey McClendon, Chesapeake CEO
“The industry can cope with $4 gas. The industry can’t grow or sustain production with $4 gas…We at Chesapeake think that price has to be three times the finding costs, Continue Reading
“The industry can cope with $4 gas. The industry can’t grow or sustain production with $4 gas…We at Chesapeake think that price has to be three times the finding costs, Continue Reading
DOWNLOAD FULL PEAK OIL REVIEW in PDF LEARN MORE: 2009 ASPO International Peak Oil Conference 1. Production and prices Starting the week in the low $70’s, oil prices fell precipitously on Continue Reading
Today’s article is a follow up to The Aftermath of the Great Recession, Part I. I am covering the material I will present at ASPO-USA’s Denver conference on October 11-13, Continue Reading
In late August the Vancouver Sun ran an article on the bullish prospects for Canadian shale gas. The piece began this way: “What energy crisis? Despite what you may be Continue Reading
1. Production and prices The week started with oil trading at around $69 a barrel on periodic concern that the global recovery was running out of steam. This was helped Continue Reading
Nigeria depends on oil for more than 90 percent of its export revenue and more than 80% of its government revenue. According to government figures, this year attacks on oil Continue Reading
The week started with oil trading at around $69 a barrel on periodic concern that the global recovery was running out of steam. This was helped by a forecast that Continue Reading
“Our medium-term global oil balance does not balance post 2013…(Oil near $150) would very soon create another set of global economic drivers which would spell much lower demand in the Continue Reading
WORLD OIL DEMAND I’m pretty sure she qualifies. She’s only getting about six months per new oil field. Ed Stein September 21, 2009 Ed Stein 2009 for ASPO-USA
The only function of economic forecasting is make astrology look respectable —John Kenneth Galbraith There are three kinds of economists: those who can count and those who can’t —old joke Continue Reading
Steven Kopits, who runs the New York office of Douglas Westwood, was in Denver last week. He talked about his latest paper on peak oil and the economy with Steve Continue Reading
Libya appears to be tugging back the welcome mat it laid down for foreign investors after it successfully blocked Verenex Energy Inc.’s sale to a Chinese firm. The international arm Continue Reading
Until Friday, the oil markets were dominated by a weak dollar which sent futures up from $68 to nearly $73 on Thursday. When oil prices stopped short of the $73 Continue Reading
“We are running the risk of another oil crisis when demand outstrips supply around 2014 or 2015. There won’t be enough oil and gas by the middle of the next Continue Reading
Download PDF Here 1. Production and prices Until Friday, the oil markets were dominated by a weak dollar which sent futures up from $68 to nearly $73 on Thursday. When Continue Reading
What has been is what will be, and what has been done is what will be done; there is nothing new under the sun —Ecclesiastes 1:9 It’s almost worth a Continue Reading
Read PDF Here HTML Version available later today.
Robert L. Hirsch is the lead author of a seminal report–Peaking of World Oil Production: Impacts, Mitigation & Risk Management—written for the US Dept. of Energy’s National Energy Technology Laboratory Continue Reading
[About BP’s recent Tiber discovery] We really need this. After 2012, given current developments, we will see production start to decline. Without continued discoveries . . . that decline could Continue Reading
Ed Stein – Planet Oil
What is hateful to you, do not do to your fellow man. This is the law: all the rest is commentary —One version of the rule of reciprocity, the Golden Continue Reading