Tag Archives: world 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