Peak Oil

  1. I’ve been saying for some time that the future of the car industry is Chinese and electric. All traditional car…

  2. Have to think at some point in the near future an international armada will be able to start getting some…

  3. https://oilprice.com/Latest-Energy-News/World-News/G7-Backs-Oil-Reserves-Release-to-Curb-Middle-East-Supply-Crunch.html Using numbers in piece linked above we have about 1800 million barrels in IEA SPR and 20% of World…

  4. https://oilprice.com/Energy/Crude-Oil/What-Can-Saudi-Arabia-Do-to-Stop-Oil-Prices-From-Spiking-Further.html Short answer is not much. Spare capacity and reserves are far lower than claimed by KSA.