Peak Oil Is Not The Same As Peak Demand
Following my previous article — Peak Demand? No, A New Gasoline Demand Record — I received some interesting feedback from readers. It quickly became apparent that some didn’t understand that Continue Reading
A Contrarian View On The Peak Oil Debate
Summary Because peak oil demand theory has become self-evident truth, it is hard to even suggest at this point that the theory might be wrong, even when backed by solid Continue Reading
Oil prices fall on concerns of oversupply, low investment
Oil prices fell early on Wednesday, squeezed between concerns of oversupply, sparked by rising Libya output, and fears of reduced future investment in the industry. Brent crude futures, LCOc1 the Continue Reading
Oil Prices Slip After API Reports Build In Gasoline Inventories
Cushing inventories were also down 462,000 barrels, for the week ended August 18. Gasoline inventories rose significantly, up 1.402 million barrels, while distillates were up 2.048 million barrels. At 4:42 Continue Reading
Strong Inventory Draws Suggest OPEC Deal Is Working
The EIA included the Anadarko Region in its Drilling Productivity Report for the first time, a sign that the Oklahoma area is gaining importance for oil and gas exploration. • Continue Reading
The Fate Of Vision 2030 Rests On Saudi Aramco IPO
It has been two months since Prince Mohammed Bin Salman’s ascendance to the role of heir to the Saudi Arabian throne, and the preliminary effects of his aggressive economic diversification Continue Reading
Turkish foreign minister says to tell Iraqi Kurdish officials independence vote wrong
Turkish Foreign Minister Mevlut Cavusoglu speaks during a news conference at the European Commission in Brussels, Belgium July 25, 2017. ANKARA (Reuters) – Turkish Foreign Minister Mevlut Cavusoglu said on Continue Reading
The Caribbean Is Poised To Become The Next Major Oil Region
In the future, we may be hearing about the Caribbean a whole lot more when talking about oil and gas. Previously, the area was virtually off the map for the Continue Reading
Prep work begins at oil drilling site in Cuba
Melbana Energy, one of the few companies working in Cuba, said it started the preliminary work necessary to clear a site for eventual production. Melbana, which has headquarters in Australia, Continue Reading
Renewables could bring balance to India’s economic growth.
India, one of the world’s fastest growing economies, could offset the strains of development through low-carbon efforts, an international energy report found. A report on India’s energy sector from the Continue Reading