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July Non-OPEC and World Oil Production

July Non-OPEC and World Oil Production The EIA continues to have problems with updating its World oil production website. Consequently, this month’s report is again a shorter version of previous posts because the EIA’s International Energy Statistics update for June and July is not available. Information from other sources such as OPEC, the STEO and country specific […]

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U.S. & World Oil Production and ExxonMobil Outlook

U.S. & World Oil Production and ExxonMobil Outlook Here are the latest oil production numbers from the EIA. All data is in thousand barrels per day unless otherwise noted. The USA through May 2018. The upward surge has stalled for the last two months. US production was down 30,000 bpd in May. It is a […]

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Oil Price Outlook December 2017

Oil Price Outlook December 2017  This assessment is based on the data in the 2017 BP Statistical Review of World Energy available here. As such it uses that review’s definition of oil which is crude and condensate and natural gas liquids, uncompensated for their different energy contents or values of refined product components. Figure 1: […]

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Looking Back 10 Years After Peak Oil

Looking Back 10 Years After Peak Oil All views expressed here are those of Verwimp Bruno and do not necessarily represent those of Ron Patterson. 1. INTRODUCTION Peak Oil is the moment in time when, on a global scale, the maximum rate of oil production is reached. The moment after which oil production, by nature, must decline forever. […]

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World Oil Output Last 3 Years

World Oil Output Last 3 Years The EIA publishes every possible energy stat for the USA and hardly anything for the rest of the world. Well, anything current for the rest of the world anyway. TheirInternational Energy Statistics is already five full months behind and working on six. December 2014 is the last international oil production data we […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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