From a participant [Chatham House Rules prevent name disclosure]
[About the UK Peak Oil Summit] “Was it a historic moment? Yes I think it was, largely because we weren’t really debating whether Peak Oil would occur but rather how
Continue ReadingReview March 29, 2010
Download Full PDF 1. Prices and Production Oil futures traded between $80 and $82 dollars a barrel last week, moving mostly on changes in the dollar/Euro relationship and the prospects
Continue ReadingNew report from Energy Policy Research Foundation Inc.
“By any standard, the Iraqi auction represents a major event in the history of the world oil market: It is the largest single transfer of reserves into the production stream
Continue ReadingReview March, 22, 2010
Download Full PDF 1. UK Summit to Discuss Peak Oil According to a report in The Guardian newspaper yesterday, Lord Hunt, the UK’s energy minister, will meet with industrialists in
Continue ReadingNon-OPEC Oil Production Hits the Wall
In the last year I’ve read several articles expounding on the many non-OPEC* oil discoveries that have been made in recent years and how large the oil resource is within
Continue ReadingJames Mulva, CEO of ConocoPhillips
“Carbon-based fuels, in their cleaner forms, must keep carrying the load. Renewables just cannot ramp up fast enough to replace them. Let’s consider what gas can mean for the future.
Continue ReadingReview March 15, 2010
Download Full PDF 1. Prices and Production Oil prices spent the week in the vicinity of $82 a barrel. On Friday prices rose briefly to a two-month high of $83.16,
Continue ReadingInterview with David Shields – update on Mexico and oil
David Shields is a journalist and independent oil industry analyst based in Mexico City. Steve Andrews caught up with him yesterday and posed a few questions. SA: Is Mexico’s well-being
Continue ReadingJohn Dizard, the Financial Times
“I think it might not be a bad idea to examine the faith-based assumption that the US has a virtually unlimited supply of natural gas from shale formations that can
Continue ReadingReview March 8, 2010
Download Full PDF 1. Prices and Production Oil prices rose steadily last week closing on Friday at $81.50 after touching a high above $82. Prices have yet to regain the
Continue ReadingObservations from Al – By Dr. Albert Bartlett
These are random occasional observations by Al Bartlett on items reported in the Peak Oil Review. Peak Oil Review, Vol. 5, No. 9, March 1, 2010 1) In the Ed
Continue ReadingMike Dawson, president of the Canadian Society for Unconventional Gas
“Shale gas has a fairly short history of production. [Companies] are projecting stable production for 20 to 30 years, but we don’t have a history of that kind of long-term
Continue ReadingReview March 1, 2010
Download Full PDF 1. Prices and Production After two weeks of increasing prices which brought oil from $70 a barrel to the vicinity of $80, last week was rather quiet
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