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Olduvai III: Catacylsm
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Here is what’s holding back China’s plans for world domination

January 7, 2018

Here is what’s holding back China’s plans for world domination Australia may be the worlds largest exporter of coal, sending out 388 million tons in 2015, but China’s production of coal the same year was 3,747 million tons — nearly ten times as much, and nearly half of global coal production. But the Chinese coal […]

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Oil Price Outlook December 2017

December 21, 2017

Oil Price Outlook December 2017  This assessment is based on the data in the 2017 BP Statistical Review of World Energy available here. As such it uses that review’s definition of oil which is crude and condensate and natural gas liquids, uncompensated for their different energy contents or values of refined product components. Figure 1: […]

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Mexico, China and Beyond

September 25, 2016

Mexico, China and Beyond Ron Patterson’s post asking if China’s oil production has peaked reminded me of Mexico which also produces mainly from supergiant fields. Mexico’s oil production peaked in 2004 and has averaged a 3.5 percent per annum decline rate since, with a peak yearly decline rate of 9 percent in 2008. China’s oil production has fallen 10% […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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