…(MENA) oil and gas resources, the IEA (2005) projects in the reference scenario a rise in MENA oil production from the 2004 level of 29 mbd to 33 mbd in…

Oil prices hit 7 year high, natural gas hits 14 year high on largest one day price jump on record; natural gas supplies see largest draw this winter, Focus on…

…by 2030. But last fall, before the war in Ukraine broke out and sent oil markets soaring, he was pushing OPEC+ to pump more oil during the U.N. Climate Change Conference in…

…Sachs (no link), here’s what is going on with world oil supply and demand: “Extreme inventory draws. We estimate that 14.5mb/d of Persian Gulf crude production losses are driving global oil…

…and it will make little difference to the world oil markets or what we pay for oil, if Canada exports its oil via pipelines to Oklahoma or through its Pacific…

…affect oil prices without causing large inventories of oil above the ground is false unless I can explain what is different now compared to a year ago. This is possible…

rdan The LA Times reports on news regarding shale oil development: Salt Lake City – A titanic battle between the West’s two traditional power brokers – Big Oil and Big…

…about 13 million acres are actually producing oil and gas. _ Offshore, only 10.5 million of the 44 million leased acres are currently producing oil or gas. _ Combined, oil…

…image. Dr. Nouriel Roubini suggests that $70 oil may have a significant impact on the US economy: ” … if oil prices were to drift towards $70 and stay there…

…the spike in oil prices right now is Hurricane Ivan, so we’ll see prices fall substantially again soon. Today, despite its recent surge, the average price of crude oil in…