Submit a Story!
The Price of Oil
The Price of Oil
The Casey Energy Opportunities team pulled together the pieces of the oil sector picture that other sources tend to scatter or ignore. We’ll give you a broader understanding of the drivers within the oil industry, the markets in which they operate, and how you can use that knowledge to push your ...
Peak Oil: Global Oil Production’s Peaked, Analyst Says - Environmental Capital
Peak Oil: Global Oil Production’s Peaked, Analyst Says - Environmental Capital
blogs.wsj.com — Dust off those survivalist manuals and brush up on your dystopias : Peak oil is back. Global... production of petroleum peaked in the first quarter of last year, says analysts Raymond James, which “represents a paradigm shift of historic proportions. ... (more) Peak Oil: Global Oil Production’s Peaked, Analyst ...
Tight storage may lead to huge oil price drop
europe.theoildrum.com — The present contango in oil prices bears all the hallmarks of an oil market where supplies are... well above present fundamental physical consumption. The recent large inventory build of petroleum, under a steep contango which now is flattening, ... (more) Tight storage may lead to huge oil price drop
Global Oil Production Has Peaked
officialpumpsonline.com — According to analysts at Raymond James, not only has oil production peaked , but it happened for... non-OPEC oil back in the 1st Q 2007. OPEC a little later - 1Q 2008. Look for oil prices to head right back up to where you really don’t want to see them ... (more) Global Oil Production Has Peaked
Comments
Blog Reactions

DrumBeat: May 16, 2009
The Oil Drum - Discussions about Energy and Our Future — ... into a financial powerhouse early in the 20th century. Texans concerned themselves with discovering new oil fields and building cities like Houston to refine and distribute the crude. Oil dollars lubed growth and the biggest state in the Union (at the time) prospered. So it's no surprise that folk in Texas don't think oil will be replaced as the basic power source for the American economy in the near future. "Not in my lifetime" is a statement commonly heard. The Price of Oil: How did it get here, and where is it going? Normally, ...

Related Content
World Oil Production Forecast - Update May 2009
theoildrum.com 5/20/2009 — World oil production peaked in July 2008 at 74.82 million barrels/day (mbd) and now has fallen to about 71 mbd. It is expected that oil production will decline slowly to about December 2010 as OPEC production increases while non-OPEC production ...
Looking at Oil Again....
valueplays.blogspot.com 4/20/2009 — Oil has peaked my interest again, especially after the fall today and the way it has risen with an irrational market. Today T. Boone Pickens said: Texas oil billionaire T. Boone Pickens on Monday reiterated his prediction that crude oil prices would hit $75 a barrel this year as producers scale ...
Oil price: where next?
europe.theoildrum.com 7/24/2009 — A reduction in global oil production capacity will mean that higher future oil price will be attained at a lower level of demand than in 2008. Is another oil price spike on the way? One thing that was anticipated in the run up to peak oil ...
When Oil Was Free
gregor.us 3/25/2009 — Were you alive when oil was free? Were you born yet? Did you have TV? Let me help: Oil was free about two months ago in January, when it traded around 34.00 per barrel. Each barrel of oil contains about 5.8 million BTUs. Each American uses about 25 ...
Oil - Up or Down?
informationarbitrage.com 3/9/2009 — I was just watching the MacroTwits hour with Gregor Macdonald (@gregorMacdonald), and got to observe some very interesting banter about the hot topics of the day - SPX, USO, sovereign debt issuance, etc. But oil seems to be on everybody's mind. ...
Oil at 34.00 is Free
gregor.us 1/16/2009 — Perhaps we’re going to live in a global economy where oil is five dollars a barrel, and bread will be 25 cents a loaf. Until then however, benefactors are willing to give 100 million to Stanford to research alternatives to oil, and 100 gallons ...
Oilwatch Monthly September 2009
europe.theoildrum.com 9/18/2009 — The September 2009 edition of Oilwatch Monthly can be downloaded at this weblink (PDF, 1.37 MB, 33 pp). Figure 1 - OPEC spare capacity according to the Energy Information Administration from January 2003 to August 2009 The Oilwatch Monthly is ...
Iran says still no balance in oil market - report | Business News
in.reuters.com 5/25/2009 — TEHRAN (Reuters) - Iran's OPEC governor said the oil market was still not in balance and the producer organisation's work was "incomplete", the Oil Ministry website SHANA reported on Sunday. The comments by Mohammad Ali Khatibi made clear again that ...
Iraqi Oil: Black Gold or Black Hole?
theoildrum.com 4/28/2009 — This is a guest post by Nawar Alsaadi. Nawar currently lives in Canada, but lived in Iraq until 1990. He still has close ties to the country, and has been following the situation closely there. Investors and global oil companies such as Shell ...
Oil Prices
angrybear.blogspot.com 5/10/2009 — By Spencer, What is causing the rise in oil prices? Part of it is that $30 oil in December was most likely too low, and as the world economy and oil demand bottomed, oil prices should have also bottomed. OK, that should explain oil in the $30 -$50 ...