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By 2020 it may be clear to everyone that oil decline has begun

By 2020 it may be clear to everyone that oil decline has begun Preface. There are two parts to Dittmar’s study. The first one concerns production, based on the most recent years of oil production.  Dittmar found a strong pattern of oil decline after the plateau of 3% a year for five years, followed by […]

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Collapse Of Shale Gas Production Has Begun

Collapse Of Shale Gas Production Has Begun This is a guest post by Steve St. Angelo of SRSroccoReport.Com. All opinions expressed in this post are his and do not necessarily reflect those of Ron Patterson. The U.S. Empire is in serious trouble as the collapse of its domestic shale gas production has begun.  This is […]

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US Oil Production Finally Starting to Decline

US Oil Production Finally Starting to Decline There has been very little data to post about recently and as everyone should know by now, I post primarily about data. So if there is no data there is not much to post about. Also I have been very busy for the a week now and have […]

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The U.S. Production Decline Has Begun

The U.S. Production Decline Has Begun It is not because of decreased rig count. It is because cash flow at current oil prices is too low to complete most wells being drilled. The implications are profound. Production will decline by several hundred thousand of barrels per day before the effect of reduced rig count is fully […]

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Bakken New Wells Producing Less Confirmed – Peak Oil BarrelPeak Oil Barrel

Bakken New Wells Producing Less Confirmed – Peak Oil BarrelPeak Oil Barrel. It is has now been confirmed. The first measured 24 hour production from Bakken wells is a very good predictor of the future production of that well. And it has also been confirmed that new wells with higher well numbers are producing a […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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