“Saudi Arabia’s long-standing status as a swing producer of crude oil could be drawing to a close according to the head of national oil company Saudi Aramco.” http://www.risk.net/energy-risk/news/1602907/saudi-arabia-global-oil-exports-wane-post-2010 Author: Lianna Brinded
Continue ReadingAt the Middlefield website on the right hand side there is a video of a recent interview with Henry that gives an excellent overview of energy in Canada. http://www.middlefield.com/ The
Continue Reading“Are policymakers, economists and peak oilists starting to speak the same language? A rash of papers, comments and interviews have made us think this recently. It’s not as simple as
Continue ReadingThe most significant onshore oil development in the Lower 48 over the past decade has occurred in the upper Great Plains. Horizontal drilling of the deep Bakken shale has doubled
Continue ReadingDownload Full PDF NOTE: After 230+ consecutive issues, our PO Review writing team will miss at least the next Monday publication date, and probably the next two, due to “uncoordinated
Continue ReadingDownload Full PDF 1. Prices and Production Oil prices had a volatile week, falling below $83 a barrel on Tuesday, climbing above $86 on Wednesday and Thursday and then sinking
Continue ReadingThe notion of ‘peak demand’ is often invoked to suggest that the US or global economy is somehow less in need of affordable oil today or that Americans are simply
Continue Reading“Triple-digit oil prices are going to threaten a world recovery.”
Continue ReadingRay Leonard was appointed CEO of independent and Houston-based oil company Hyperdynamics last summer. For the two previous decades, his background in the oil industry included high-level roles with the
Continue ReadingDownload Full PDF 1. Prices and Production The price jump that began two weeks ago sent prices up as much as $17 a barrel, reaching a high above $87 on
Continue Reading“How much longer can the world pretend that it won’t soon be facing another energy shock, one every bit as challenging as the one it faced two years ago? Whether
Continue ReadingDownload Full PDF 1. Prices and Production Oil prices which have been stuck in a range between $70 and $85 for months traded as high as $85.22 on Thursday, a
Continue ReadingLast week President Obama announced that he would open federal waters off the Atlantic coast from Delaware south, portions of the eastern Gulf of Mexico and portions of the Arctic
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