Tag Archives: Russia

Russia and the Ukraine – The Worrisome Connection to World Oil and Gas Problems

What is behind the Russia/Ukraine problem? It seems to me that what we are seeing is Russia’s attempt to fix a two-part problem: Some oil and gas exporters, including Russia, are not receiving enough oil and gas revenue to meet … Continue reading

Posted in Alternatives to Oil, Financial Implications, News Related Post | Tagged , , , , | 768 Comments

What the new 2011 EIA oil supply data shows

The US Energy Information Administration (EIA) recently released full-year 2011 world oil production data. In this post, I would like show some graphs of recent data, and provide some views as to where this leads with respect to future production. … Continue reading

Posted in Oil and Its Future | Tagged , , , , , , , | 78 Comments

Fall of the Soviet Union: Implications for Today

Back in the 1960s and 1970s, the country that was the “big growth story” was the Soviet Union. Its oil consumption grew by leaps and bounds. Its space program grew; its military program grew; and it became much more industrialized. But … Continue reading

Posted in Financial Implications | Tagged , , | 24 Comments

World Oil Production – Looking for Clues as to What may be Ahead

If we look at a graph of historical world oil production, we see a somewhat bumpy production pattern with two major price spikes (in 2009 $)–one peaking in 1981 and one peaking in 2008. The first spike in prices occurred … Continue reading

Posted in Oil and Its Future | Tagged , , , | 9 Comments