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The Bulletin: June 26-July 2, 2025
The Bulletin: June 26-July 2, 2025 This past week’s articles of interest… CLICK HERE If you’re new to my writing, check out this overview. Farming Ourselves to Extinction: The Great Tulip Uprising of 1822 – George Tsakraklides Indicators of Global Climate Change ‘This is a fight for life’: climate expert on tipping points, doomerism and […]
The Bulletin: June 19-25, 2025
The Bulletin: June 19-25, 2025 This past week’s articles of interest… CLICK HERE If you’re new to my writing, check out this overview. Study finds planetary waves linked to wild summer weather have tripled since 1950 A.I. Is Poised to Rewrite History. Literally. – The New York Times IEA Doubles Down On Peak Oil […]
One Bank Crunches The Numbers On Oil Supply/Demand Dynamics, Reaches A Shocking Conclusion
One Bank Crunches The Numbers On Oil Supply/Demand Dynamics, Reaches A Shocking Conclusion With oil prices surging amid a broader global energy crisis, many are hoping that this particular price spike is truly transitory as incremental supply – whether from OPEC+ or shale – kicks in and resets the market lower. But maybe not so […]
A looming oil price super cycle will likely be the last
A looming oil price super cycle will likely be the last After a pandemic and a price war sent petroleum prices tumbling in 2020, they are again on the rise. A new oil price super cycle — an extended period during which prices exceed their long-term trend — seems to be in the making. That’s being […]
Peak demand? More like a supply crisis propelling oil to US$100
Peak demand? More like a supply crisis propelling oil to US$100 The world stands on the cusp of an oil supply crisis. Years of insufficient investment in offshore mega-projects combined with the end of U.S. shale hyper growth and a recent shift by global supermajors to preferentially invest in alternative energy over traditional hydrocarbons have […]
The Very Real Possibility Of Peak Oil Supply
The Very Real Possibility Of Peak Oil Supply Three months ago, British oil giant BP Plc. (NYSE:BP) sent shockwaves through the oil and gas sector after it declared that Peak Oil demand was already behind us. In the company’s 2020 Energy Outlook, chief executive Bernard Looney pledged that BP would increase its renewables spending twentyfold to $5 billion a […]
What Oil Companies Face: The WTF-Collapse of Consumption of Gasoline & Jet Fuel from Long-Term Weakness
What Oil Companies Face: The WTF-Collapse of Consumption of Gasoline & Jet Fuel from Long-Term Weakness Transportation fuel demand rose to where it had been in … 1997. While the overall S&P 500 Index is down 2.7% in October, about flat for the three-month period, and up 2.8% for the year, the S&P 500 Energy […]
Forget Peak Oil Demand, Supply Crisis Could be Hitting First
Forget Peak Oil Demand, Supply Crisis Could be Hitting First In today’s IEA’s annual World Energy Outlook 2020 report, the OECD energy watchdog states that it doesn’t see a peak oil demand before 2040, only a possible oil demand flattening. The energy agency repeats that oil demand is effected by COVID, but all scenarios show that oil […]
U.S. Oil Production Has Already Passed Its Peak, Occidental Says
U.S. Oil Production Has Already Passed Its Peak, Occidental Says America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp. “It’s just going to be too difficult to replace the 2 million barrels a day […]
Has oil peaked?
Has oil peaked? Last month, the world’s 4th largest oil company—BP—predicted that the world will never again consume as much petroleum as it did last year. So, have we finally hit peak oil? And if so, what does that mean for our economy and our world? There was fierce controversy in the first decade of this century […]
Analysis: World has already passed ‘peak oil’, BP figures reveal
Analysis: World has already passed ‘peak oil’, BP figures reveal The world has already passed “peak oil” demand, according to Carbon Brief analysis of the latest energy outlook from oil major BP. The 2020 edition of the annual outlook reveals – albeit indirectly – that global oil demand will not regain the levels seen last year. It adds that demand could […]
Has Demand For Oil Already Peaked?
Has Demand For Oil Already Peaked? Oil prices continue to rise on the prospect of a rebound in fuel demand as economies begin to reopen. But there is a large difference between oil demand rising from recent lows and actually growing relative to pre-COVID-19 trends. In other words, demand destruction on the order of nearly 30 […]
Is This A Precursor For Peak Oil Demand?
Is This A Precursor For Peak Oil Demand? The $1 trillion sovereign wealth fund of Norway may sell off all of its shares in oil producers. The move is a shot across the bow for the oil industry. A $1 trillion fund, built on oil itself, now sees the future of oil as too risky. […]
The Rapid Acceleration Towards Peak Oil Demand
The Rapid Acceleration Towards Peak Oil Demand The drumbeat towards peak oil demand is accelerating, but since much of the acceleration is happening outside of the United States, its cadence is muted. To be clear, the developed world passed peak oil demand a decade ago and has for years been forecast to continue reducing its […]
The Next Pillar Of Oil Demand Growth
The Next Pillar Of Oil Demand Growth The debate about peak oil demand always tends to focus on how quickly electric vehicles will replace the internal-combustion engine, especially as EV sales are accelerating. However, the petrochemical sector will be much more difficult to dislodge, and with alternatives far behind, petrochemicals will account for an increasing […]
