In what must be an imminent Doomer’s worst nightmare, the IEA has signaled that October 2007 was the highest ever oil production month on record. After reporting that September production came in at 85.1 million […]
Tag: Peak Oil
Help Wanted
We may not have yet reached Peak Oil, but we may have reached Peak Oil Workers: Wanted: Oil workers In the next three or four years, there’s expected to be a 30 to 40 percent […]
Nothing Left to Give
The reason I am not a short-term trader is that you have that extra variable of market sentiment to take into account. Market sentiment can change in a hurry; it can shave the value of […]
Peak Manpower
Last week I got 4 e-mails and 3 phone calls from headhunters trying to fill engineering positions in the oil and gas industry. They have a tough job right now, and it only looks to […]
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 […]
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 […]
Peak Exports
Some of you may know that I have written some criticisms over the use of a technique called Hubbert Linearization to predict Peak Oil. I maintain that it is essentially useless for trying to predict […]
Energy crisis ‘one hurricane away’
Shell’s president says we are just one bad storm away from high and volatile oil prices. I wonder what he considers high and volatile? Shell president: Energy crisis ‘one hurricane away’ in U.S. “We are […]
Another Peak Lite Endorsement
Hmm. I am going to have to trademark “Peak Lite.” This viewpoint is gathering momentum. First the IEA, then the NPC, now the former chairman of Shell has come out and endorsed this view: Oil […]
Saudi to Raise Production
I have said on many occasions that I think Saudi’s recent production decline is voluntary, and that I expected them to raise production by summer. However, judging from record-high crude inventory levels (in the U.S.), […]