Topic Resources

Peak Oil

Why Oil Prices Will Tank June 12, 2008

June 9, 2008 [Fortune]: High-flying tech stocks crashed. The roaring housing market crumbled. And oil, rest assured, will follow the same path down.

PA: Alternative Energy Portfolio Standards (AEPS) Program Web Site March 28, 2008

[PUC]: Alternative Energy Portfolio Standards (AEPS) Program Web Site - Pennsylvania

Study: 'Peak Oil' Will Be Reached by 2018 March 28, 2008

[Wenner 2007]: Global oil production will peak sometime between next year and 2018 and then decline, according to a controversial new model developed by a Swedish physicist.

It's the End of Oil / Oil Is Here to Stay March 28, 2008

[Deffeyes & Huber 2005]: World oil production is about to reach a peak and go into its final decline

Peak Possibilities March 28, 2008

[Fox 2007]: In July 2006, the world's oil rigs pumped out crude at a rate of nearly 85.5 million bbl. a day. They haven't come close since, even as prices have risen from $75 to $98 per bbl. Which raises a question of potentially epochal significance: Is it all downhill from here?

Drilling for Broke? Experts Debate 'Peak Oil' March 28, 2008

[WSJ 2005]: Soaring demand for oil in the U.S. and in booming economies like China and India has led to increased watchfulness about inventory levels among traders. At the same time, oil companies are scrambling to find new sources for crude, while investors ask more questions about firms' proven reserves.

Scientists reportedly dispute BP's oil-reserve forecast March 28, 2008

[Marketwatch 2007]: Scientists have criticized BP PLC's review of the world's remaining oil reserves, warning that the end of oil is coming sooner than governments and oil companies are prepared to admit

Oil Officials See Limit Looming on Production March 28, 2008

[Gold & Davis 2007]: A growing number of oil-industry chieftains are endorsing an idea long deemed fringe: The world is approaching a practical limit to the number of barrels of crude oil that can be pumped every day.

Oil Companies Won't Fish March 28, 2008

[Holzer 2006]: As Americans start hitting the open road this summer and high gas prices creep even higher, the oil industry will draw an increasing amount of fire from critics who claim it should be doing more to increase supply.

Bracing the world for the day when the oil runs out March 28, 2008

[Harrison 2006]: when will the world begin to run out of oil? That moment is known as "peak oil" - the point at which production stops increasing and goes into inexorable decline.

Why 'peak oil' may soon pique your interest March 28, 2008

[Francis 2007]: World oil production peaked in 2005, says one expert, and that presents serious problems in the future.

Technology lifts productivity of old oil fields March 28, 2008

[Mouawad 2007]: Producers returning to mature fields

Slippery slope March 28, 2008

[Strahan 2007]: More and more oil executives maintain that there are just a few years left before production reaches its peak, and that we are sleepwalking into economic catastrophe.

One energy forecast: Oil supplies grow March 28, 2008

[Scherer 2005]: According to the Association for the Study of Peak Oil & Gas, the end is near - when the earth's oil reserves start to run dry and scarce petroleum will go to the highest bidder.

Forum: Peak Oil -- get used to it March 28, 2008

[King 2006]: When the shutdown in Alaska rattled markets around the world, it showed just how fragile the oil supply really is

Plenty of Oil—Just Drill Deeper March 28, 2008

[Morrison 2006]: The discovery of reserves in the Gulf of Mexico means supply isn't topping out

Debate brews: Has oil production peaked? March 28, 2008

[Lynch 2005]: Almost since the dawn of the oil age, people have worried about the taps running dry. So far, the worrywarts have been wrong.

Producers Move to Debunk Gloomy 'Peak Oil' Forecasts March 28, 2008

[Bahree & Ball 2006]: Leading players in the petroleum industry, including Saudi Arabia and Exxon Mobil Corp., are aggressively arguing that plenty of crude oil remains for world consumption, in an effort to counter critics who contend crude output is about to plateau.

World Oil Supply: Peak or Not Peak? March 28, 2008

[Burger 2008]: The opacity of global oil supply data and just how much oil can be counted as Proven (90-95% probability of recovery), Probable (50%) or Possible Reserves (5-10%) has heightened uncertainty and added impetus to the arguments of Peak Oil theorists and proponents.

Peak oil rapidly approaching warns analyst March 28, 2008

[Florian 2008]: One of the hottest topics in the energy industry is the debate about peak oil, which refers to the point in time when global oil production goes into terminal decline.

Reasons to see red over green energy March 28, 2008

[Seager 2008]: Government apathy sabotages Britain's shift to a low-carbon economy

Critic: Facts bury theory on Peak Oil March 28, 2008

[Klump 2008]: IHS Inc., owner of Cambridge Energy Research Associates, said those who espouse the theory that the world's oil production has already peaked lack evidence to support their claims.

Peak Oil: The Next 5 Years March 28, 2008

[Kingsdale 2008]: "Why you want to own long term oil futures." The following graph of "all liquids" supply and demand going forward five years gives us an basis to compare recent observations on peak oil

Peak Oil Models Forecast China's Oil Supply, Demand March 28, 2008

[Lianyong et al 2008]: Peak oil models show a widening gap between China's oil demand and production. The generalized Weng model predicts a peak oil production in China of 196 million tonnes in 2026 and the Hubbert model indicates a peak oil demand in 2034 of 633 million tonnes.

Energy Sector Peak Oil Trends Paint “A Very Alarming Picture” March 28, 2008

[Dancy 2008]: While energy demand may be tempered by a slowdown in global economic growth, longer term growing energy demands and supply constraints will continue to present incredible challenges.

Why the price of 'peak oil' is famine March 28, 2008

[Evans 2008]: Vulnerable regions of the world face the risk of famine over the next three years as rising energy costs spill over into a food crunch, according to US investment bank Goldman Sachs.

Peak Oil: Simmons v. Saudis, Round Two March 28, 2008

[Johnson 2008]: Both Nansen Saleri, former chief of reservoir management at Saudi Aramco, and Houston-based investment banker Matthew Simmons are feeling good these days about the famous–and weighty–debate they held four years ago at Washington’s Center for Strategic and International Studies.

Oil prices won't fall under $60-$70: Naimi March 28, 2008

[Reuters 2008]: Oil prices won't fall below $60 to $70 a barrel as this is the minimum level at which alternative fuels are economically viable, Saudi Oil Minister Ali al-Naimi said in remarks published on Sunday by Algeria's APS news agency.

Plenty of gas, oil March 28, 2008

[Lauby 2008]: There is plenty of both gas and oil available even though prices are pushing all-time record levels.

The crude fact March 28, 2008

[Leggett 2008]: Peak oil is no academic debate: the $100 barrel is a harbinger of the energy shortage to come

Peak Oil is a Cost Issue March 28, 2008

[Kingsdale 2008]: Underlying nearly all discussions of the oil price is a standard economic concept: supply and demand.

The World Has Plenty of Oil March 28, 2008

[Saleri 2008]: Many energy analysts view the ongoing waltz of crude prices with the mystical $100 mark -- notwithstanding the dollar's anemia -- as another sign of the beginning of the end for the oil era.

Oil's Wakeup Call March 28, 2008

[Sosnoff 2008]: Oil at $100 a barrel is a wakeup call for investors and politicians alike.

The Peak Oil Crisis: Polity on trial March 28, 2008

[Whipple 2008]: The coming storm will bring one of the most severe tests of the cohesiveness of governments and peoples that the world has known for a long time.

Peak Oil - True or False March 28, 2008

[Lendman 2008]: The arguments are so one-sided, it's practically a given that "peak oil" is real and threatening. Or is it? This article examines both sides.