The Green Files > Peak oil notes | Energy Bulletin

[Energy Bulletin -] Crude jumped $2.27 a barrel on Wednesday to close at $76.67 after the EIA reported an unexpectedly large drop of 4.8 million barrels in crude stocks last week. Stockpiles of gasoline and distillates also fell as cold weather increased demand.

Previous [Previous] Peak Oil News - China to have world's second biggest po...

Next [Next] Reexamining The Anthropogenic Global Warming Issue « the ...

Some related posts from Technorati and Google.

[ASPO-USA: Association for the Study of Peak Oil and Gas] Review December 21, 2009: While the current administrations in Washington and Beijing realize that they are dealing with an issue of highest importance to the survival of their societies, both are hampered by their histories, domestic politics, national goals and perceptions of sovereignty.

[Energy Bulletin -] Peak oil review - Nov 23 | Energy Bulletin: OPEC output capacity is expected to increase around one million b/d in 2010 as projects enter service in Angola, Iraq, Qatar and Saudi Arabia, according to Bill Farren-Price, energy director at Medley Global Advisors”¦David Kirsch, director of market intelligence at PFC Energy, thinks Iraq's total capacity could top four million barrels a day by 2015 if political and security problems don't get in the way. (11/18, #6)

[ASPO-USA: Association for the Study of Peak Oil and Gas] Review December 7, 2009: The EIA revised US oil demand for September down by more than 500,000 b/d to 18.3 million. Meanwhile global oil production is increasing once again.

[Energy and Capital] NYSE USO Oil ETF: Though the U.S. Department of Energy's Energy Information Administration (www.eia.doe.gov) and oil cartel OPEC don't see the demand scenario as fleshing out until 2010, the IEA outlook is bolstered by JP Morgan Chase (NYSE: JPM), a U.S.-based financial services giant.

[Oil Prices, Oil Trading] Oil traders bet US oil stockpile to show drawdown: Crude oil futures in Asia rose Wednesday as traders bet on a drawdown in weekly US oil inventories ahead of data due later from the Energy Information Administration. “If the EIA number comes in line with the API number, it will be supportive for oil prices,”

[Energy and Capital] OPEC "OK" With $75 Oil: Meanwhile, the EIA's weekly oil report showed another increase in U.S. stockpiles. Wednesday marked the third consecutive week that U.S. crude inventories have increased.

[ASPO-USA: Association for the Study of Peak Oil and Gas] Review November 23, 2009 :: ASPO-USA: Association for the Study of ...: Nuclear power has long been touted as the solution to peak oil, global warming, energy security, and a host of other ills. The underlying assumption has always been that there will be plenty of uranium to fuel a major increase in the number of nuclear reactors and most countries are contemplating building more of them despite their high costs, the dangers of radiation leakage and nuclear proliferation, and problems with nuclear waste.

[Stock Blog Hub] (CVX) Another Sharp Drop in Crude Oil Stockpiles | Stock Blog Hub: The federal government’s Energy Information Administration (EIA) reported a 4.7 million barrels drop in crude inventories for the week ending September 11, far more than analyst expectations. This is the second successive week in which the crude drawdown has been more than originally anticipated.

[bbklkl的博客] Oil holds steady below $71 on ample supply - bbklkl的日志- 网易博客: U.S. Energy Information Administration (EIA) data showed that distillate stocks, which include heating oil and diesel, rose last week by an unexpected 1.6 million barrels, versus forecasts for a 600,000-barrel drop, reflecting persistently poor demand in the world's largest oil consumer during winter.

[GetRealList] Notes from the 2009 ASPO-USA Peak Oil Conference: Gilbert: CO2 is cheap at the source, but not necessarily cheap when it gets to the oil field. Claims about benefits of CO2 injection have been somewhat overblown, depending on temperature and pressure conditions in the oil field.

[Wealth Daily] Oil Prices: Forecast and Trends: Though the U.S. Department of Energy's Energy Information Administration (www.eia.doe.gov) and oil cartel OPEC don't see the demand scenario as fleshing out until 2010, the IEA outlook is bolstered by JP Morgan Chase (NYSE: JPM), a U.S.-based financial services giant.

[GetRealList] China: The Vampire Squid of Commodities - GetRealList: Washington doesn’t seem to understand the commodity markets at all, Matthews said, nor the shrewd moves that China is making. While Japan already has a strategic mineral stockpile, and China is quickly amassing one, the U.S. is selling off its key minerals: “The lack of knowledge and concern over it in Washington is horrifying, and I can’t explain it,”

[TRAIAN] TRAIAN » Blog Archive » 10 Decembrie: Why would anyone ever think Meanwhile, the EIA\'s weekly oil report showed another increase in U.S. stockpiles. Wednesday marked the third consecutive week that U.S. crude inventories have increased.

[MasterResource] Robert Bryce on Oil Speculation ”” MasterResource: Market bubbles””in which speculators drive up the price in a self-fulfilling prophecy””are theoretically possible.  Indeed, many analysts think that is (at least partially) what happened with dot-com stocks in the late 1990s and real estate during the mid-2000s.  Of course, once the bubble pops, it quickly deflates, since it was only fueled by everyone’s belief in its continued growth.  This is why Robert Bryce thinks the oil market was clearly in a bubble up until July 2008.

Reflected tags on Technorati: Blog, ,