Oil running out fast
The International Energy Agency’s prediction were already gloomy, but they are far to optimistic still, according to leading critics. It’s figures are doctored (according to insiders) and they serve the […]
How much oil do Opec countries really have?
There are incentives for OPEC countries to lie about their production and reserves. Combined with some strange figures published by OPEC countries, and the fact that there isn’t any third […]
Warning: Oil supplies are running out fast
Now even the International Energy Agency (IAE) is on the peak-oil side, putting it a decade earlier at 2020, but problems will start much sooner than that..
Peak Oil Lite
Interesting, this. Oil supply doesn’t have to peak (the original peak-oil thesis) for prices to move higher. As long as demand grows faster than supply, much the same happens..
Peak oil primer
The era of cheap oil is drawing to a close. Terrific overview, this..
Car Country and Global Oil Depletion
The punchline is hidden deep in this article…
Have we hit peak-oil already?
Here are a couple of people that suggest so, with figures in hand…
Saudi’s warns of $150 oil
They should know. They already have to pump massive amounts of water and gas in their fields to maintain the flow…
Some consequences of peak-oil
Economist call it the income and substitution effect. We think the latter will dominate though..
New oil supplies need much higher prices to be profitable
All the major existing oilfields are in decline (or soon are to be in decline), sometimes even steep decline. New oil is largely unconventional and needs much higher prices to […]