It never ceases to amaze me just how quickly people can develop amnesia. Take the case with oil production in Saudi Arabia. A year ago, their production was declining. A number of people argued that […]
Tag: oil production
Rank the Top 10 Oil Stories of 2007
While I intend to write a post covering the top energy stories of 2007, Platts is asking for reader input on the top oil industry stories of 2007: The top 10 oil industry stories of […]
The OPEC Showdown
It has been clear for some time that OPEC members are deeply split over whether $100 oil is good for them in the long-term. Saudi Arabia, having been in this game a long time, probably […]
How Would You Manage Saudi’s Reserves?
Too often people try to interpret comments or actions from Saudi Arabia, without attempting to understand the issues from their perspective. I think it is a useful exercise to ask whether their specific actions or […]
$100 Oil This Week
It hasn’t gotten all that much media coverage yet, but it is looking more and more like Mexico has taken a Katrina-sized hit that has devastated Tabasco. I had to go to The Irish Times […]
Saudi Production Management
A friend recently pointed me to a 2003 paper that attempts to explain the reasoning behind Saudi Arabia’s behavior with respect to their oil fields. This sort of managed production has always been my counter-argument […]
Incoherent Reporting from WSJ
I just finished reading an article from the Wall Street Journal that left me shaking my head. I think the article is subscription only, but you can find it for now at: Oil tops $90 […]
Answering Questions – Part II
OK, I think this finishes off the questions. Thanks to all who asked a question. I think this has been a productive exercise, and I hope you find my answers useful. I may do this […]
Answering Questions – Part I
Back in Aberdeen after some very interesting meetings in London, some of which I hope to be able to discuss in the not too distant future. I started working my way through the list of […]
How Fast Can We Change?
How Will Events Unfold? Whether Peak Oil is on top of us now, or we have a few more years before the downturn, I think it is a problem that we will soon face. I […]