Please place all non-petroleum posts in this thread.
The EIA’s STEO was published on May 9, 2017.
I assume in the chart above that OPEC crude output is 32 Mb/d in the last three quarters of 2017. Continue reading
Comments not related to petroleum in this thread please.
I am having difficulty coming up with posts, I could use some help with posts, either petroleum or non-petroleum.
Contact me at email@example.com with your idea, before you spend a lot of time writing something up. Or you can write something and e-mail it in a Word document form. Thanks in advance for any help.
Chart 1 – A Model using data from Enno Peter’s shaleprofile.com.
The chart above (chart 1) needs some explanation. It is based on the Permian LTO model found by using Enno Peters’ data from shaleprofile.com and an estimate of future well completions. I doubt output will rise this quickly, but the peak level may be about right if oil prices follow the assumed scenario. Continue reading
Comment not directly related to oil and natural gas in this thread please.