Home » Posts tagged 'marginal oil production'

Tag Archives: marginal oil production

Olduvai
Click on image to purchase

Content

Olduvai III: Catacylsm
Click on image to purchase

Post categories

Post Archives by Category

The Easy Oil Is Gone So Where Do We Look Now?

February 24, 2015

The Easy Oil Is Gone So Where Do We Look Now? In 2008, Canadian economist Jeff Rubin stunned the oil market with a bold prediction: With the world economy growing at 5 percent a year, oil demand would grow with it, outpacing supply, thus lifting the oil price from $147 to over $200 a barrel. […]

Continue Reading →

Whiplash!

January 20, 2015

Whiplash! Over the course of 2014 the prices the world pays for crude oil have tumbled from over $125 per barrel to around $45 per barrel now, and could easily drop further before heading much higher before collapsing again before spiking again. You get the idea. In the end, the wild whipsawing of the oil […]

Continue Reading →

Oil Price Collapse Hurting Some More Than Others

January 20, 2015

Oil Price Collapse Hurting Some More Than Others U.S. oil and gas rig counts dropped to their lowest level in over four years, falling by an additional 74 units for the week ending on January 16. The lower count provides fresh evidence that low oil prices are forcing drillers to pare back operations and slash spending. While […]

Continue Reading →

Oil Industry Withdraws From High Cost Areas

January 19, 2015

Oil Industry Withdraws From High Cost Areas The oil industry is pulling back from some marginal areas of operation, slashing jobs and spending, and retrenching in the face of the ongoing slump in oil markets. Signs of a shrinking footprint are beginning to pop up across the globe. Norway’s Statoil has let three of its […]

Continue Reading →

If Shell Backs Out, Arctic Oil Off the Table for Years

December 23, 2014

If Shell Backs Out, Arctic Oil Off the Table for Years. The next several months may be pivotal for the future of oil development in the Arctic. While Russia has proceeded with oil drilling in its Arctic territory, the U.S. has been much slower to do so. The push in the U.S. Arctic has been […]

Continue Reading →

Kazakhstan Prepares For $40 Oil, Gary Schilling Says “Oil Going To $20” | Zero Hedge

December 22, 2014

Kazakhstan Prepares For $40 Oil, Gary Schilling Says “Oil Going To $20” | Zero Hedge. “People should not be worried,” explained Kazakhstan President Nursultan Nazarbayev in a TV address over the weekend, “we have a plan in place if oil prices are $40 per barrel.” Kazakhstan, the second largest ex-Soviet oil producer after Russia, explains “there are reserves […]

Continue Reading →

Oil’s Crash Is the Canary In the Coal-Mine for a $9 TRILLION CRISIS | Zero Hedge

December 15, 2014

Oil’s Crash Is the Canary In the Coal-Mine for a $9 TRILLION CRISIS | Zero Hedge. The Oil story is being misinterpreted by many investors. When it comes to Oil, OPEC matters, as does Oil Shale, production cuts, geopolitical risk, etc. However, the reality is that all of these are minor issues against the MAIN STORY: the $9 […]

Continue Reading →

Olduvai IV: Courage
Click on image to read excerpts

Olduvai II: Exodus
Click on image to purchase

Click on image to purchase @ FriesenPress