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Russia

Of all the countries exporting oil, Russia seems to be suffering the most serious consequences from the precipitous drop in oil prices. The Russian stock market has collapsed and the Continue Reading

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Briefs

(clips from recent Peak Oil News dailies are indicated by date and item #)          Japan, the world’s third-largest consumer of oil, said its crude imports fell 12 percent during Continue Reading

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Mexico

PEMEX has released new numbers showing that its oil production slid by 9.3 percent during the first 11 months to 2.8 million b/d.  Through November, exports have fallen by 17.3 Continue Reading

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IEA says 2020

Fatih Birol, chief economist to the International Energy Agency, told the UK’s Guardian newspaper that conventional crude output could plateau in 2020 due a lack of investment caused by the Continue Reading

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Obama's Energy Team

Later today President-elect Obama will introduce the team that will lead the development and implementation of the country’s energy and environmental policies for the next four years. The names released Continue Reading

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