Bernstein Research has analyzed projected ongoing production costs for the 50 largest non-OPEC oil producers and found that — surprise, surprise — “the era of cheap oil is over”: Tracking data from the 50 largest listed oil and gas producing companies globally indicates that cash, production and unit costs in 2011 grew at a rate [...]
Peak Cheap Oil
May 24, 2011 By 1 Comment
The included link will launch a 30 minute presentation given by Erik Townsend at the 9th Annual ASPO Conference held April 27 – 29 in Brussels, Belgium. ASPO is the Association for the Study of Peak Oil & Gas. ASPO is a non-profit organization of scientists who have an interest in defining the date and [...]
Things Will Unravel Faster Than You Think
February 23, 2011 By Leave a Comment
We are not on the path to economic recovery despite what the government and main stream media want us to believe. There are potentially catastrophic financial events coming in the near future that have been caused by underlying structural weaknesses in our economy have not been resolved. The kick-the-can-down-the-road plan is going to encounter a [...]
Does Peak Oil matter?
February 19, 2011 By Leave a Comment
