A Guest post by Ian Schindler (Schinzy) This is an update to the post An Empirical Model For Oil Prices and Some Implications in which we discussed a model for oil prices as a function of 3 years of production, … Continue reading
Tag Archives: Peak Oil
All data below is based on the latest OPEC Monthly Oil Market Report. All data is through August 2017 and is in thousand barrels per day. The above chart does not include the 14th member of OPEC that was just added, Equatorial … Continue reading
A Guest Post by George Kaplan Production Production for June by BOEM was 1631 kbpd and by EIA 1636, compared with 1673 and 1659 kbpd, respectively, in May. The decline was mostly from Thunder Horse going offline and Constitution staying … Continue reading
A guest post by George Kaplan Norwegian oil production peaked in 2000 to 2001; gas production may be peaking about now. Oil hit a low in 2013 and then recovered towards a new local peak, probably concurrent with the gas. … Continue reading
Dean Fantazzini has provided his latest estimates for Texas Oil and Natural Gas output.