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News, commentary, and online forums focused on global oil and gas production, markets, and world economies.

Link: peakoil.com

  • ‘Occupied’ Norway a window into our fossil fuel addiction | Peak

    peakoil.com 31 Jan '16, 7pm

    Apneaman on Sun, 31st Jan 2016 3:50 pm Evolution Under The Maximum Power Principle “Only physical hardship can force us to rewire our collective-political agendas. I am certainly not the first to make the observation, but now, after 25 years of study and debate, I am totally certain. ...

  • Venezuela is on the brink of a complete economic collapse

    peakoil.com 30 Jan '16, 1am

    Now you might have noticed that I talked about Venezuela’s black market exchange rate. There’s a good reason for that. Venezuela’s government has tried to deny economic reality with price and currency controls. The idea was that it could stop inflation without having to stop printing ...

  • The Seneca Effect: why decline is faster than growth

    peakoil.com 31 Jan '16, 7pm

    paulo1 on Sun, 31st Jan 2016 1:23 pm I just look at technological break throughs on the way up; building upon each success until the speed of change is mind boggling. Computing is an obvious example. When I first started using computers teaching CAD it required learning DOS commands a...

  • The Fed’s Oil Price |

    peakoil.com 30 Jan '16, 11pm

    In 1997, Ben Bernanke wrote a paper about the relationship between the price of oil and monetary policy. The paper’s thesis is the effect of an oil price shock can be compared to a change in monetary policy. If the oil price rises quickly, the economy would slow down by the equivalent...

    Related:
    1. Low oil prices produce calamity peakoil.com 30 Jan '16, 11pm
  • population, climate change, pandemics, economic crises, cyberattack, failed states, nuclear war etc.

    peakoil.com 30 Jan '16, 1am

    How contested claims in this important sea lane are resolved will have important implications for trade routes and energy exploration, and as an area of growing naval competition. The Kurile Islands, occupied by the Soviets at the end of World War II, remain a contentious issue betwee...

  • Collapse Of Shale Gas Production Has Begun: This is a guest post by Steve St. Angelo of SRSroccoRepo...

    Collapse Of Shale Gas Production Has Begun

    peakoil.com 31 Jan '16, 8pm

    As the price of natural gas increased from 2012 to 2014, gas drilling rigs fell 40% from 556 to 333. Furthermore, drilling rigs continued to decline and now are at a record low of 127 . Just as Art Berman stated, the average break-even for most shale gas plays are $6 mmBtu, while only...

  • Is Non-OPEC Beginning Serious Decline?

    peakoil.com 27 Jan '16, 9pm

    shortonoil on Wed, 27th Jan 2016 7:16 pm “I am of the firm opinion that the vast majority of oil production prognosticators are under estimating the effect of natural depletion of existing fields. Even countries that are increasing production, or are on a production plateau, like Saud...

  • Low oil prices produce calamity

    peakoil.com 30 Jan '16, 11pm

    Low oil prices produce calamity Economic calamity is what to expect from a prolonged period of low oil and gas prices. In fact, it’s already happening. Job losses, corporate loan defaults, reduced investments and an end to the recent reshoring trend are all propelling the U.S. toward ...

    Related:
    1. The Fed’s Oil Price | peakoil.com 30 Jan '16, 11pm

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