Tag Archives: world oil supply

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

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

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

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