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U.S. Crude Oil Exports, Really? – A Look at the UK

By on February 3, 2014 in Commentary
U.S. Crude Oil Exports, Really? – A Look at the UK

By Steve Andrews. Last week the U.S. Senate’s Energy Committee held the first hearing in decades on the question of whether exporting US crude oil, prohibited by law since the 1970s, should be allowed again.  Attendees heard proponents say that allowing crude exports would hold prices down with opponents claiming the opposite case. To be […]

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Peak Oil Review – 3 February 2014

By on February 3, 2014 in Peak Oil Review

By Tom Whipple. Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  China 4.  Quote of the Week 5.  The Briefs 6.  Commentary:  U.S. Crude Oil Exports, Really? – A Look at the UK 1.  Oil and the Global Economy Last week oil prices were moved upwards by the […]

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Peak Oil Review – 27 January 2014

By on January 27, 2014 in Peak Oil Review

By Tom Whipple. Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  China 4.  Quote of the Week 5.  The Briefs 1.  Oil and the Global Economy The frigid weather which engulfed much of the US last week sent heating oil, natural gas, and propane prices spiraling upwards – […]

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Peak Oil Review – 20 January 2014

By on January 20, 2014 in Peak Oil Review

By Tom Whipple. Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  China 4.  Quote of the Week 5.  The Briefs 6. Commentary 1.  Oil and the Global Economy Oil prices closed out last week a dollar or two higher than the previous week with NY at $94.37 a […]

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An Interview with Dr. Sadad Al-Husseini

By on January 20, 2014 in Commentary

By Steve Andrews.   Since the autumn of 2011, a storyline of “oil revolution” and oil abundance–even “North American energy independence”—has taken the US media by storm.  That storyline seems to have lifted off in rough tandem with an op-ed in The Wall Street Journal by Daniel Yergin—“There Will Be Oil”—followed not long thereafter with a […]

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Peak Oil Review – 13 January 2014

By on January 13, 2014 in Peak Oil Review

By Tom Whipple. Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  China 4.  Quote of the Week 5.  The Briefs 1.  Oil and the Global Economy In one of those economic paradoxes, US crude futures climbed by nearly a dollar on Friday to close at $92.72 a barrel […]

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Peak Oil Review – 6 January 2014

By on January 6, 2014 in Peak Oil Review

By Tom Whipple Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  Shale oil 4.  Quote of the Week 5.  The Briefs 1.  Oil and the Global Economy Several factors combined last week to send oil prices to their biggest weekly drop in nearly two years. At week’s end, […]

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Peak Oil Review – 30 December 2013

By on December 30, 2013 in Peak Oil Review

By Tom Whipple Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  Quote of the Week 4.  The Briefs   1.  Oil and the Global Economy Oil prices rose modestly during four holiday-week trading sessions. At week’s end, NY oil was up about $1.50 a barrel to close at […]

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About that EIA Hail Mary

By on December 23, 2013 in Commentary
About that EIA Hail Mary

By Steve Andrews. (Commentaries do not necessarily represent the position of ASPO-USA) The key take-away from the US EIA’s Annual Energy Outlook released one week ago jumps out in the graph below: US crude oil production should peak in 2016 at a level 26% higher than that projected just one year ago.  That’s an additional […]

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Peak Oil Review – 23 December 2013

By on December 23, 2013 in Peak Oil Review

Contents 1.  Oil and the Global Economy 2.  The Middle East & North Africa 3.  The EIA’s Annual Energy Outlook 4.  Quote of the Week 5.  The Briefs 6.  Commentary:  About that EIA Hail Mary 1.  Oil and the Global Economy New York oil futures climbed steadily last week to settle at $99.32 – up about […]

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