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Key oil figures were distorted by US pressure, says whistleblower
Key oil figures were distorted by US pressure, says whistleblower
guardian.co.uk — Exclusive: Watchdog's estimates of reserves inflated says top official The world is much closer to running out... of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately ... (more) Key oil figures were distorted by US pressure, says ...
Why cheap oil is here to stay
Why cheap oil is here to stay
money.cnn.com — With oil supplies rising and the economy becoming ever more efficient, a super-spike in prices is looking... increasingly unlikely. (more) Why cheap oil is here to stay

Oil Latest Blog Posts

As Refineries Close, New Stresses are Added to the System
As Refineries Close, New Stresses are Added to the System
Weekly Scoreboard*
14 hours ago at Between the Hedges
Cheap Oil is Here to Stay; Forget "Peak Oil," We Now Have "Peak Demand," We'll Never Run Out
16 hours ago at CARPE DIEM
Will oil prices moderate in 2010?
19 hours ago at BloggingStocks
Fears as price of long
ft.com — Fears as price of long-dated oil soars By Javier Blas in London, Carola Hoyos in Balhaf, and... Gregory Meyer in New York Published: November 8 2009 19:26 | Last updated: November 8 2009 19:26 Long-dated oil prices have risen to within a whisker of $100 ... (more) Fears as price of long
Weak Dollar Adding $20 to Oil: Exxon CEO
Weak Dollar Adding $20 to Oil: Exxon CEO
cnbc.com — The oil market is well supplied, with inventories at record levels globally, and the market continues "to... be a bit soft," but prices are getting a big boost from the dollar's fall, Exxon Mobil CEO and Chairman Rex Tillerson told CNBC Friday. ... (more) Weak Dollar Adding $20 to Oil: Exxon CEO
Forget $100 oil. $80 oil is a problem
Forget $100 oil. $80 oil is a problem
money.cnn.com — Energy prices don't need to rise that much before a fragile consumer-led economy could face another setback.... (more) Forget $100 oil. $80 oil is a problem
The Last Oil Shock: A Survival Guide to the Imminent Extinction of Petroleum Man (UK Paperback) ...
amazon.com — Synopsis This may be the most important book you or anyone else will read in the next... fifty years. Assuming humanity survives that long. Draining the lifeblood of industrial civilization, the terminal decline of oil and gas production will spark a ... (more) The Last Oil Shock: A Survival Guide to the Imminent ...
Geological Society
geolsoc.org.uk — The aim of the Geological Society's Peak Oil evening meeting is to further discuss and debate the... timing and impact of Peak Oil & Gas. Have we become so efficient at exploring and producing petroleum resources that we are we already there as Colin ... (more) Geological Society
IEA Cuts 2030 Global Oil Demand Forecast on Economy (Update1)
bloomberg.com — Nov. 10 (Bloomberg) -- The International Energy Agency cut its long-term forecast for global oil demand as... the economic crisis saps consumption in developed economies and environmental policies encourage alternative energy use. Global oil demand is ... (more) IEA Cuts 2030 Global Oil Demand Forecast on Economy ...
IEA says oil-gas price link may break
theglobeandmail.com — This could be bad news for producers but good news for consuming countries, IEA chief says... (more) IEA says oil-gas price link may break
Ida weakens to depression, Gulf oil patch recovers
news.yahoo.com — MOBILE, Alabama (Reuters) Ida dwindled to a tropical depression on Tuesday after crawling ashore in Alabama from... the Gulf of Mexico , and oil operations in the Gulf were returning to normal after being widely disrupted by the storm. Ida, which at its ... (more) Ida weakens to depression, Gulf oil patch recovers
The Backside of Peak Oil
energyandcapital.com — You'd be surprised how many people tend to overlook bad news. This morning, this fact was reiterated... for me. I had gotten into a disagreement with a friend of mine. She was born and raised in Alaska. It was a simple conversation. . . but what started ... (more) The Backside of Peak Oil
World oil demand to grow 700,000 bpd in 2010
in.reuters.com — DOHA (Reuters) - Global oil demand will grow 700,000 barrels per day (bpd) in 2010, OPEC's Secretary-General... Abdullah al-Badri said in a speech delivered on his behalf on Tuesday. China and India will lead global economic growth next year, with the ... (more) World oil demand to grow 700,000 bpd in 2010
China slashes Iraq debt for oil deals
upstreamonline.com — The agreement comes as China's imports of Iraqi crude rise and Chinese oil companies like China National... Petroleum Corporation eye contracts to develop Iraq's vast oil reserves as the world's 11th largest oil producer emerges from years of war and ... (more) China slashes Iraq debt for oil deals
Oil rally complicates China fuel pricing
in.reuters.com — By Eadie Chen and Chen Aizhu BEIJING (Reuters) - China's latest fuel price rise may be its... last easy fuel pricing decision for a while. Under a pricing regime that links retail fuel prices to the the global cost of crude, the government upped pump ... (more) Oil rally complicates China fuel pricing
PTTEP Won’t Comment on Oil Spill Cause Amid News Report Claim
bloomberg.com — PTTEP Won’t Comment on Oil Spill Cause Amid News Report Claim... (more) PTTEP Won’t Comment on Oil Spill Cause Amid News Report ...
Energy body rejects whistleblower allegations of oil cover up
edition.cnn.com — Energy body rejects whistleblower allegations of oil cover up... (more) Energy body rejects whistleblower allegations of oil ...
The future of oil | Environment
guardian.co.uk — The race for the world's remaining oil reserves could get very nasty. Recently, Nigerian militants announced their... determination to oppose the efforts of a major Chinese energy group to secure six billion barrels of crude reserves, comparing the ... (more) The future of oil | Environment
Era of cheap oil 'is over'
Era of cheap oil 'is over'
news.bbc.co.uk — Cars Please turn on JavaScript. Media requires JavaScript to play. Advertisement The International Energy Agency has warned... that increasing demand from developing countries will drive fuel prices up in the coming years. The agency's 2009 World Energy ... (more) Era of cheap oil 'is over'
IEA: Washington made us fudge oil data
blogs.aljazeera.net — The Guardian reports : [A] senior [International Energy Agency] official claims the US has played an influential... role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new ... (more) IEA: Washington made us fudge oil data
Oil lingers below $77 amid US demand concerns
Oil lingers below $77 amid US demand concerns
news.yahoo.com — Medvedev pushes reforms under Putin's watchful eye AFP/File A pipeline at a Russian gas compressor station near... the border with Ukraine. President Dmitry Medvedev (more) Oil lingers below $77 amid US demand concerns
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