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Archive for January, 2012

Peak Oil Review – January 30, 2012

By on 30 Jan 2012 in Peak Oil Review with 0 Comments

Download Full PDF 1. Oil and the Global Economy Crude prices changed little last week as the various forces moving the markets seemed to balance each other out. New York oil closed on Friday at $96.65 and London at $111.52. In contrast with the oil markets, gasoline futures and natural gas underwent substantial moves. Gasoline […]

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Peak Oil Review – January 23, 2012

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Download Full PDF 1. Oil and the Global Economy Oil prices were relatively steady at around $100 for NY crude and $111 for London’s Brent until several factors came together to push prices down a bit on Friday. News that manufacturing in China continues to contract combined with the possibility that Iran might return to […]

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Peak Oil Review – January 16, 2012

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Download Full PDF 1. Oil and the Global Economy Oil prices were relatively steady until last Wednesday as concerns about the possibility of strike by Nigerian oil workers and the increasingly shrill rhetoric and exchange of threats between Tehran and its adversaries dominated the market. The assassination of an Iranian nuclear scientist and the revelation […]

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Peak Oil Review – January 09, 2012

By on 9 Jan 2012 in Peak Oil Review with 0 Comments

Download Full PDF 1. Oil and the Global Economy Oil prices climbed last week on increasing tensions in the Persian Gulf despite pressure from a weaker euro which tends to hold prices down. NY oil futures closed at $101.56 on Friday and London’s Brent at $113.06. The spread between NY and Brent widened slightly as […]

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Steve LeVine

By on 2 Jan 2012 in Other with 0 Comments

“The United States, alone or with Canada, will never produce a sustained volume of 19 million barrels of oil a day.”

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Peak Oil Review – January 02, 2012

By on 2 Jan 2012 in Peak Oil Review with 0 Comments

Download Full PDF 1. Oil and the Global Economy NY crude closed out the year quietly at $98.83 a barrel, eight percent higher than where it opened 12 months earlier. For 2011, NY crude averaged $95 a barrel as compared with $79 in 2010 and $62 in 2009. Brent crude averaged $111 for the year, […]

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