Tag Archives: oil supply

What the new 2011 EIA oil supply data shows

Posted on April 9, 2012 by Gail Tverberg

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

Why oil prices are so high: Production shortfall, Iran concerns, and low interest rates

Posted on February 26, 2012 by Gail Tverberg

Rising oil and gasoline prices are of concern to many people today. I see three basic issues involved: “Stalled out” growth in world oil supply Concerns about Iran Artificially low interest rates Stalled Out Oil Supply Leads to Five Million … Continue reading →

Posted in News Related Post | Tagged , , , , , , , , , | 97 Comments

The Most Important Resource for Our Future: Inexpensive Oil (but its not really available)

Posted on February 1, 2012 by Gail Tverberg

Our economy runs on oil. Most of the tractors used for growing food run on oil. Nearly all of today’s cars and trucks run on oil. It is popular to talk about changing to some other fuel, but the practicalities … Continue reading →

Posted in Financial Implications, Introductory Post | Tagged , , , , , , , , | 64 Comments

Where do continued high oil prices lead us?

Posted on January 18, 2012 by Gail Tverberg

We know high oil prices have an adverse impact on the economy, often leading to recession. According to Economist James Hamilton, 10 out of 11 of US recessions since World War II have been associated with oil price spikes. But … Continue reading →

Posted in Financial Implications, Planning for the Future | Tagged , , , , , , | 67 Comments