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A Different View of Venezuela’s Energy Problems

A Different View of Venezuela’s Energy Problems It would be easy to write a story about Venezuela’s energy problems and, in it, focus on the corruption and mismanagement that have taken place. This would make it look like Venezuela’s problems were different from everyone else’s. Taking this approach, it would be easy to argue that the […]

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Britain’s secret ties to governments, firms behind ISIS oil sales

Britain’s secret ties to governments, firms behind ISIS oil sales In the scramble to access Kurdistan’s oil and gas wealth, the US and UK are turning a blind eye to complicity in ‘Islamic State’ oil smuggling Key allies in the US and UK led war on Islamic State (ISIS) are covertly financing the terrorist movement […]

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Why EIA, IEA, and BP Oil Forecasts are Too High

Why EIA, IEA, and BP Oil Forecasts are Too High When forecasting how much oil will be available in future years, a standard approach seems to be the following: Figure out how much GDP growth the researcher hopes to have in the future. “Work backward” to see how much oil is needed, based on how much […]

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Busting The “Canadian Bakken” Myth

Busting The “Canadian Bakken” Myth The financial pages of Canadian newspapers have been full of headlines lately announcing the potential of two large shale oil fields in the Northwest Territories said to contain enough oil to rival the Bakken Formation of North Dakota and Montana. The report by Canada’s National Energy Board (NEB) evaluated, for the […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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