Category Archives: Oil Policy

Additional Iranian Oil Sanctions May Be Counterproductive

Posted on June 17, 2013 by Gail Tverberg

A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it, U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran’s diminishing oil … Continue reading →

Posted in News Related Post, Oil Policy | Tagged , , , | 278 Comments

Why is US Oil Consumption Lower? Better Gasoline Mileage?

Posted on January 31, 2013 by Gail Tverberg

United States oil consumption in 2012 will be about 4.7 million barrels a day, or 20%, lower than it would have been, if the pre-2005 trend in oil consumption growth of 1.5% per year had continued. This drop in consumption … Continue reading →

Posted in Financial Implications, Oil Policy | Tagged , , , , , , , , , , , , | 92 Comments