Rex Tillerson, CEO of ExxonMobil
“Motor vehicle gasoline demand is down, is headed down and is going to continue to head down.”
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John Dizard, the Financial Times
“I think it might not be a bad idea to examine the faith-based assumption that the US has a virtually unlimited supply of natural gas from shale formations that can be extracted at a low price for the indefinite future. Perhaps the few people who think shale gas will be produced at a higher cost, and more slowly, than generally believed should be heard out, rather than be executed or sentenced to work in the salt mines.”
Review March 8, 2010
Download Full PDF 1. Prices and Production Oil prices rose
Observations from Al - By Dr. Albert Bartlett
These are random occasional observations by Al Bartlett on items reported in the Peak Oil Review. Peak Oil Review, Vol. 5, No. 9, March 1, 2010 1) In the
Mike Dawson, president of the Canadian Society for Unconventional Gas
“Shale gas has a fairly short history of production. [Companies] are projecting stable production for 20 to 30 years, but we don’t have a history
Drawing the lower and upper boundaries of future oil supply By Rembrandt Koppelaar, ASPO Netherlands
The oil supply challenge is often summarized in terms of the production volume equivalent of Saudi-Arabia’s that needs to be replaced. This popular
Prince Saud al-Faisal, Foreign Minister of Saudi Arabia
“Sanctions [against Iran] are a long-term solution. They may work, we can’t judge. But we see the issue in the shorter term maybe because we
The Redundant Subsidy By Robert Rapier
Even for staunch proponents of U.S. biofuel policy, it is hard to argue that the current subsidy on grain ethanol serves the purpose it was designed to
Patience Wheatcroft, The Wall Street Journal
“The work of the Industry Taskforce on Peak Oil and Energy Security shouldn’t be disparagingly dismissed. Its arguments are well founded and lead
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Thierry Desmarest, chairman of French giant Total
“The problem of peak oil remains. In our opinion, it will be very difficult to raise oil production worldwide above 95 million barrels a day, which is 10 percent more than today.” The problem is not
