Posts by Author

The Oil Drum

Drumbeat: June 3, 2013

on
Fracking Tests Ties Between California ‘Oil and Ag’ Interests
By all accounts, oilmen and farmers — often shortened to “oil and ag” here — have coexisted peacefully for decades in this conservative, business friendly part of California abo…
Categories: Uncategorized

Tech Talk – Future Oil Production from Iraq: An Optimistic View

on
There is often quite a debate in the Peak Oil community over the difference between a reserve and a resource. Simplistically a resource is, for the sake of discussion, the amount of oil that is in the ground in a certain country, while the reserve is …
Categories: Uncategorized

Drumbeat: June 1, 2013

on
Thomas Homer-Dixon: How the oil sands industry is distorting Canada’s economy
By 2030, Canada’s output from the oil sands will reach about five million barrels a day, more than twice today’s output. Yet, by 2030, chances are also good that the w…
Categories: Uncategorized

Drumbeat: May 31, 2013

on
Oil executives tune out the call of the wild Arctic
NY-AALESUND, Norway (Reuters) – The high Arctic, once the irresistible frontier for oil and gas exploration, is quickly losing its appeal as energy firms grow fearful of the financial and public rela…
Categories: Uncategorized

Drumbeat: May 29, 2013

on
Best OPEC Discipline Since 2011 No Proof for $100 Oil
OPEC’s best adherence to its production ceiling in 18 months is failing to buoy the outlook for crude oil prices, raising pressure on the group to pare supplies amid burgeoning U.S. output.

While…

Categories: Uncategorized

Drumbeat: May 27, 2013

on
New Frontiers: Suddenly, the oil and gas potential of the Arctic looms large
The harsh environment itself seemed to isolate the region from those who would seek to exploit it for oil and gas exploration, especially offshore. And the mass of ice, which …
Categories: Uncategorized

Tech Talk – Cutting Back on Supply in the Presence of Optimism

on
We have reached, I would suppose, a period of complacency in the perception of the coming of Peak Oil. We are in a period where, as recent posts have shown, the promises of bountiful supply are built on increasingly tenuous propositions. Unfortunately,…
Categories: Uncategorized

Drumbeat: May 25, 2013

on
New Computer Attacks Traced to Iran, Officials Say
SAN FRANCISCO — American officials and corporate security experts examining a new wave of potentially destructive computer attacks striking American corporations, especially energy firms, say they ha…
Categories: Uncategorized

Drumbeat: May 24, 2013

on
Crude Landlocked as Canadians Join U.S. to Halt Pipelines
British Columbia, the Canadian province whose official slogan to its own beauty is “Super, Natural,” is invoking another saying: “No more supertankers.”

That’s potentially big trouble…

Categories: Uncategorized

Drumbeat: May 22, 2013

on
Oil-Fixing Probe Accelerates as EU Asks Traders for Help
The investigation into possible oil-price fixing gathered pace as trading houses from Glencore Xstrata Plc, the $70 billion mining firm, to Gunvor Group Ltd. were asked to provide information to …
Categories: Uncategorized