Helping America Navigate a New Energy Reality

Commentary

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 »

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 […]

Continue Reading »

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 […]

Continue Reading »

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 […]

Continue Reading »

Analysis of Well Completion Data for North Dakota’s Bakken Formation

By on November 17, 2013 in Commentary
Analysis of Well Completion Data for North Dakota’s Bakken Formation

By Roger Blanchard. The following analysis uses “well completion information” contained in a newspaper called the Bakken Weekly, a paper covering western North Dakota.  The Bakken Weekly started providing well completion information for North Dakota counties in the Bakken region in early 2012.  The analysis below is for 2012/2013 from the week of April 1, […]

Continue Reading »

Top