Helping America Navigate a New Energy Reality

Analysis & Commentary

Oil Abundance?–Not So Fast:  Drilling Holes in the Energy Boom Story

By on October 24, 2014 in Commentary

2014 ASPO-USA Update–Prepared by Richard Vodra. Introduction The story of America’s new energy abundance has been accepted uncritically by too many people.  A closer look at the realities of today and the last decade, coupled with a better understanding of our energy and oil systems, reveals risks that must be discussed and included in planning […]

Continue Reading »

The Oil Production Story: Pre- and Post-Peak Nations

By on June 25, 2014 in Commentary

By Steve Andrews. BP just released its latest annual Statistical Review of World Energy.  ASPO-USA co-founders Randy Udall and Steve Andrews first collaborated in 2005 on a summary table to highlight key parts of the BP data.  It has been updated annually with each new release from BP.   The latest update with commentary by […]

Continue Reading »

U.S. LNG exports: What Would Randy Udall Say?

By on April 28, 2014 in Commentary

 There has been considerable talk in the US of late about not only future energy exports but even about using an “energy weapon” against Russia.  While that might be nice, it’s wishful thinking. An energy commentator who thought in depth about the US’s energy policy back-story and the myth of oil independence was Randy Udall, […]

Continue Reading »

EIA Seriously Exaggerates Shale Gas Production in Drilling Productivity Report

By on April 21, 2014 in Commentary
EIA Seriously Exaggerates Shale Gas Production in Drilling Productivity Report

By David Hughes (Note: Commentaries do not necessarily represent ASPO-USA’s positions; they are personal statements and observations by informed commentators.) “Natural gas output from US’ Marcellus edges closer to 15 Bcf/d: EIA” declared the headline in Platts that attracted my attention, since the latest data on the Marcellus shale gas play of PA and WV indicated production […]

Continue Reading »

The Future of Oil Supply: An Interview with Dr. Richard G. Miller

By on February 17, 2014 in Commentary

Dr. Richard G. Miller, trained as a geologist, joined BP as a geochemist in 1985. He studied peak oil matters since 1991, when BP asked him the following year to devise a wholly new way to estimate global oil resources.  In 2000, he was tasked with creating an in-house projection of global future oil demand […]

Continue Reading »

A 10-Year Retrospective Shows Unwarranted Optimism on Oil Supply

By on February 10, 2014 in Commentary
A 10-Year Retrospective Shows Unwarranted Optimism on Oil Supply

By Steve Andrews “False optimism leads to very poor investment decisions.” – Jeremy Grantham, Co-founder, Chief Investment Strategist, GMO Ten years ago this month the Oil & Gas Journal published a story from CERAWeek—an annual elite conference for the oil industry put on by Cambridge Energy Research Associates—that bears revisiting.Why go back?  Three reasons.  First, CERA arguably has maintained […]

Continue Reading »

Peak Oil Review

Peak Oil Review – 06 October 2014

By on October 6, 2014 in Peak Oil Review

Tom Whipple, Editor Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3. Ukraine 4.  Quote of the Week 5.  The Briefs 1.  Oil and the Global Economy The petroleum complex fell yet again last week as supply outpaced demand. Brent crude has now dropped 20 percent from its June […]

Continue Reading »

Peak Oil Review – 29 September 2014

By on September 29, 2014 in Peak Oil Review

By Tom Whipple Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  China 4. Ukraine 5.  Quote of the Week 6.  The Briefs 1.  Oil and the Global Economy New York oil futures climbed some $2.50 a gallon last week to close Friday at $93.50. Meanwhile Brent futures sustained a 1.4 percent loss for the week, closing […]

Continue Reading »

Peak Oil Review – 22 September 2014

By on September 22, 2014 in Peak Oil Review

22 September 2014                                                                              Tom Whipple, Editor Contents 1.  Oil and the Global Economy 2.  The Middle East & North […]

Continue Reading »

Peak Oil Review – 15 September 2014

By on September 15, 2014 in Peak Oil Review

15 September 2014                                                                              Tom Whipple, Editor Contents 1.  Oil and the Global Economy 2.  The Middle East & North […]

Continue Reading »

Peak Oil Review – 8 September 2014

By on September 8, 2014 in Peak Oil Review

Tom Whipple, Editor Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3. Ukraine 4.  Quote of the Week 5.  The Briefs 1.  Oil and the Global Economy After much volatility last week prompted by the Ukrainian situation, oil prices fell on Thursday and Friday to close at $93.29 on NY and $100.82 in London. The […]

Continue Reading »

Peak Oil Review – 1 September 2014

By on September 1, 2014 in Peak Oil Review

Tom Whipple, Editor Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3. Ukraine 4.  Quote of the Week 5.  The Briefs 1.  Oil and the Global Economy Oil prices moved higher last week resulting in the first weekly gain in more than a month on an increasingly serious Ukrainian situation and better US economic […]

Continue Reading »

Top