Peak Oil Review – 27 Apr 2015
Contents 1. Oil and the Global Economy 2. The Middle East & North Africa 3. Continue Reading
“What’s happening is that we [drillers in the Marcellus shale] continue to get better and Continue Reading
(NY Times) HOUSTON — For the better part of the last century, crude oil prices have swung like a pendulum, pushing and pulling the fortunes of nations. More often than not, global supplies of the volatile commodity were controlled by the rulers of desert domains who would otherwise have been powerless had it not been for the oil that bubbled beneath their thrones.
Quote of the Week “Due to further degradation of the security situation in the vicinity Continue Reading
“With oil prices at about half their summer 2014 level, will the investment continue to Continue Reading
“We think 1,000-1,200 [U.S. oil] rigs will keep production steady. With 800 rigs [now], we Continue Reading