The Oil Drum

The Oil Drum

Discussions about energy and our future. You can read more from the Oil Drum at www.theoildrum.com

Tech Talk – Insecurity in the Middle East

The continuing conflict in Syria, and the slow spread of violence in the region around it continue to make it difficult to accurately predict the future of oil exports from the region. Within Syria itself, production had fallen into decline about ten y…  More »

Drumbeat: June 22, 2013

Shale gas won’t stop peak oil, but could create an economic crisis Two years ago, following the publication of the EIA April 2011 report a New York Times investigation obtained internal EIA communications showing how senior officials, including industr…  More »

Drumbeat: June 21, 2013

One million march across Brazil in biggest protests yet (Reuters) – An estimated 1 million people took to the streets in cities across Brazil on Thursday as the country’s biggest protests in two decades intensified despite government concessions meant …  More »

Drumbeat: June 19, 2013

U.S. Considers Exporting More Oil for First Time Since ’70s The U.S. oil boom is moving Congress closer than it has been in more than three decades to easing the ban on exporting crude imposed after the Arab embargo. Advances such as hydraulic fract…  More »

Energy Export Databrowser Updated to BP 2013 Data

The Energy Export Databrowser has been updated to the latest version of the BP Statistical Review. A few charts are provided below the fold that help illuminate the following stories evident in the data: The US is less reliant on imports from across th…  More »

Drumbeat: June 17, 2013

Clashes erupt at Indonesia demos against fuel hike JAKARTA — Police fired tear gas and rubber bullets at stone-throwing protesters in Indonesia on Monday, as thousands demonstrated nationwide against the government’s plan to increase fuel prices. Se…  More »

Tech Talk – A June TWIP and the OPEC MOMR

The EIA has noted in This Week in Petroleum that, for the first time, the sum of non-OECD country demand contributed more than half to the total of liquid fuels consumed in the world. Figure 1. Changes in the relative shares of liquid fuel consumption…  More »

Drumbeat: June 15, 2013

The Shrinking Road, Part 1: Have We Hit ‘Peak Cars’? BOULDER, Colo. — Remember the concept of “peak oil”–that the world will soon achieve the maximum rate of petroleum extraction possible, if it hasn’t already? Now the question may be have we reached…  More »

Drumbeat: June 14, 2013

Pentagon bracing for public dissent over climate and energy shocks Top secret US National Security Agency (NSA) documents disclosed by the Guardian have shocked the world with revelations of a comprehensive US-based surveillance system with direct acce…  More »

Drumbeat: June 12, 2013

Fuel-short Egypt faces long, hot summer CAIRO (Reuters) – A gift of gas to Egypt from tiny Qatar shows just how tough this summer is shaping up to be for the government in Cairo, facing a funding crunch and power cuts as it struggles to contain explos…  More »

Drumbeat: June 10, 2013

Peak oil: preparing for the extinction of ‘petroleum man’ (interview with Kjell Aleklett) At the turn of the century, certain sections of the scientific community noticed a small but ominous speck on the horizon. Over the years, this speck has advanced…  More »

Low energy return on investment (EROI) need not limit oil sands extraction

This is a guest post by Adam Brandt, Assistant Professor from Stanford University, Department of Energy Resources Engineering. 1. Introduction Low energetic returns (e.g., EROI, NER) from oil sands extraction and upgrading have been noted as a potentia…  More »