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Oil Price And Its Effect On Production

Oil Price And Its Effect On Production The JODI Oil World Database came out a few days ago. The data is through December 2015. The JODI C+C production numbers differs somewhat from the EIA numbers. The JODI OPEC numbers are crude. Also there are a few very small producers that do not report to JODI so their […]

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Oil Price And Its Effect On Production

Oil Price And Its Effect On Production The JODI Oil World Database came out a few days ago. The data is through December 2015. The JODI C+C production numbers differs somewhat from the EIA numbers. The JODI OPEC numbers are crude. Also there are a few very small producers that do not report to JODI so their […]

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Saudi Arabia Continues to Ramp Up Oil Output in Face of Market Glut

Saudi Arabia Continues to Ramp Up Oil Output in Face of Market Glut Saudi Arabia increased its exports of oil during October, shipping out more crude than it had in the previous four months, aggravating a supply glut that has severely depressed oil prices and revenues to oil producers. But the desert kingdom reportedly is […]

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All Roads Lead To Peak Oil

All Roads Lead To Peak Oil I follow the JODI World Oil Database primarily because it is now four months ahead of the EIA international data base. I make some adjustments however. I use the OPEC MOMR “secondary sources” for all OPEC data where JODI also uses the MOMR but uses their “direct communication” data instead. The […]

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The Case For Peak Oil

The Case For Peak Oil All charts below were created with data from JODI, the EIA and OPEC MOMR. It is in thousand barrels per day and the last data point is September 2015. World crude oil production has taken off during the last two years due primarily to US shale oil production and higher […]

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JODI Data and Giant Field Depletion

JODI Data and Giant Field Depletion I am starting this post off with a news article because it explains why JODI has U.S. production numbers wrong for July. No, U.S. Oil Production Probably Didn’t Rise in July The Joint Organizations Data Initiative (JODI) releases monthly oil supply-and-demand data for about 80 countries, which it gathers by directly surveying the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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