Featured Story

It’s Not Black Or White

It’s Not Black Or White

By Dave Cohen • on July 2, 2009

Layer upon layer of confusion pervades the discussion of why oil prices have been so volatile over the last 3 years. People often yearn for simple explanations. Some want somebody to blame, while others hold on to cherished theories. In these cases observers demand a Black Or White view of events which caricatures more complex realities.

Current Developments

Production and Prices

Production and Prices

By admin • on June 29, 2009

Crude prices gyrated within a dollar or two of $70 a barrel last week as weaker equity prices and sluggish economies trumped unrest in lran and damaging

In the Congress

In the Congress

By admin • on June 29, 2009

By a narrow vote of 219 to 212 the 1200-page Waxman-Markey climate change legislation passed through the House of Representatives on a largely party-line

Briefs

Briefs

Briefs

By admin • on June 29, 2009

(clips from recent Peak Oil News dailies are indicated by date and item #) Kuwait’s oil minister said the emirate’s production capacity of 3 million

Briefs

Briefs

By Tom Whipple • on June 22, 2009

The Movement for the Emancipation of the Niger Delta destroyed six more pipelines and pumping stations in the last week. A statement issued by its spokesman,

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Interview with Charles T. Maxwell (Part 2 of 2)

We caught up with Charley Maxwell, the life-long oil industry analyst viewed by Barrons’ magazine as their energy guru, and asked him for a few minutes of his time.  He shared that and much more

Energy Fact of the Week

In 2000, Saudi Aramco had just one offshore drilling rig active. By early 2009, the Saudi offshore drilling fleet, either owned or contracted, reached a high of 29. (6/24, #15)

Quote of the Week

“Asking why oil companies are interested in Iraq is like asking why robbers rob banks: because that’s where the money is. You can’t choose where the resources are. The risks are substantial, but