Monthly Archives: December 2011

Can we invest our way out of an energy shortfall?

The world has many ideas for solving our energy shortfall, but they all seem to involve investment: Drill for more oil and gas; Develop alternative energy sources; Build more efficient gas-powered cars or electric cars; Fix homes and offices so … Continue reading

Posted in Financial Implications | Tagged , , , , , , , | 95 Comments

OPEC says, ‘Don’t Count on Us’ for More Oil Supply

The results of OPEC’s latest meeting to set oil production quotas were announced this morning. Instead of production targets for individual countries, a group production ceiling of 30 million barrels a day was set. This amount is a bit less … Continue reading

Posted in News Related Post, Oil and Its Future | Tagged , , | 26 Comments

Saudi Arabia – Headed for a Downfall?

Saudi Arabia recently announced that it had halted a $100 billion oil production expansion plan to raise capacity to 15 million barrels a day by 2020. At this point, the country claims to have capacity of 12 million barrels a day. What … Continue reading

Posted in Financial Implications, Oil and Its Future | Tagged , | 30 Comments