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
Featured Story
It’s Not Black Or White
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.
Daily: Peak Oil News
Weekly: Peak Oil Review
Current Developments
Production and Prices
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
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
(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
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,
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
