Publication date: 2007-09-10 First published in: CIBC World Markets Authors: Jeff Rubin, Peter Buchanan Abstract: The call on OPEC has long been referred to as a measure of pressure on world supply, is the difference between world demand and non-cartel…
Publication date: 2007-10-01 First published in: Energy Sources, Part B: Economics, Planning, and Policy Authors: W. B. Carlson Abstract: Mathematical parameters relating to the sensitivity of oil production are modeled by the standard sigmoid function. An analysis of the function…
One of the newest additions to ASPO International is ASPO Kuwait. They were started in 2008 and consists of mostly chemical engineers. ASPO Kuwait is lead by the engineer Ahmad Al-Majed. The group has already been interviewed by newspaper, radio…
Oil prices crossed 140 dollars a barrel for the first time in New York and London on Thursday amid a declining dollar and after OPEC warned prices could hit 170 dollars this year. New York’s main oil futures contract, light…
The US Energy Information Administration said crude oil production from non-Opec countries would not be able to keep up with growing global demand in the next few years, forcing oil consuming nations to rely more on Opec for supplies. In…
BP Plc Chief Executive Officer Tony Hayward is putting money on the line to dispute the theory of peak oil, according to his counterparty in the wager Kjell Aleklett, a professor at Sweden’s Uppsala University. Hayward bet Aleklett the price…
General Motors indirectly spoke about peak oil and the declining supply of liquid fuels in their latest announcement. GM announced plans to shut four truck and SUV plants that employ thousands of workers. It also said high gas prices are…
The next ASPO conference will take place in Barcelona in Spain during 20-21 October 2008. The traditional topics, such as oil and gas (and coal), will be discussed by various speakers. Apart from that also energy security and other proposed…
The legendary oilman, T. Boone Pickens, is famous for his knowledge of the oil market. He is often correct in his predictions. Mr. Pickens is also known for his belief in peak oil and the fact that the world oil…
The Mexican oil company, Pemex, released figures of the crude production in April. The decline is 13%, the most in more than 12 years, as output at its largest field, Cantarell declined faster than the company forecast. Output has been…