Oil prices rose above $116 a barrel last week, setting another record for the world’s most indispensable energy commodity. What was striking about this latest milestone was what didn’t happen: there was no shortage of oil, no sudden embargo, no exporter turning off its spigot.
Principle 10 of Energy: Net energy is an ultimate constraint
If you wanted to know just the 10 most important ideas about energy, what would they be? Physicists and economists would no doubt debate the 10 most important implications of energy for their respective disciplines; carving just 10 principles out across all fields means that important ideas...
Peak Oil 2: Oil Formation, Exploration, and Recovery
John C Ayers reviews how oil is formed and recovered.
The Sheiks of the FOMC
Charles Kadlec asserts that higher oil prices result from the Federal Reserve.
Oil Consumption by Country
This entry is the total oil consumed in barrels per day (bbl/day). The discrepancy between the amount of oil produced and/or imported and the amount consumed and/or exported is due to the omission of stock changes, refinery gains, and other complicating factors.
Predicting the Future of Oil
And what does that mean for the U.S. economy and environment? David Biello reports
Oil & Gas and Environment Facts
In 1996 there were 1047200 million barrels of proven crude oil reserves , of which ... OPEC estimates that total world oil consumption could reach around 100 ...
OPEC's Oil Reserves: Suspicious Increases in Oil Reserves Around the Globe
Dr. Marion Hubbert accurately predicted a peak in US oil production by the mid-19070's, and today we're seeing OPEC's oil reserves going through some shifty accounting.
World Petroleum Reserves and Consumption
If the current rate of oil consumption (approx 84.1 mbls a day) is maintained then there are only 32 years of Reserves for cheap hydrocarbons left within the earth's crust. However if these Reserve estimates are extended beyond the more cheaply exploited sources of Crude Oil and Natural Gas.
Impact of Recent Discoveries on Petroleum and Natural Gas Exploration: Emphasis on India
Two recent discoveries have greatly impacted understanding relevant to the origination & emplacement of petroleum & natural gas deposits. This article highlights the impact & implications of those discoveries, especially as they relate to petroleum & natural gas exploration in India & the world.
A Plan to Power 100 Percent of the Planet with Renewables
Wind, water and solar technologies can provide 100 percent of the world's energy, eliminating all fossil fuels. Here's how
United States Oil Consumption and Reserves: A matter of exponential growth and finite resources
Evaluation of oil growth and finite resources.
International Oil Transportation
Petroleum as a global commodity.
- Peak Oil trumps OPEC. Revelations that Saudi reserves are 40% overstated means $200 oil is a lock.
- The OPEC Oil Consumption Cycle and the Dangers of Cheap Oil
- OPEC : Oil consumption in the world in 2010 increased by 1.9%
- Peak oil – OPEC reserves exaggerated by massive amount?
- Peak Oil is Past Tense Exxon, Shell, and Aramco Admit the Peak is Real
- Deepwater Horizon oil spill