Tag Archives: Oil reserves

More Fun with Oil and Gas

Guest Post by Willis Eschenbach Well, having had such a good time with M. King Hubbert meeting the EIA, I thought I’d toss out another puzzle. This one is inspired by a statement from the King himself that someone quoted … Continue reading

About these ads
Posted in Energy, natural gas, petroleum | Tagged , , | 149 Comments

Cheap Natural Gas, but wait – there’s more

Guest post by Ric Werme One minor sign of fall where I live is the arrival of a letter from the gas utility announcing the “Fixed Price Option (FPO) lock-in price” for the winter season. FPO offers a price which … Continue reading

Posted in Fracking, natural gas, Opinion, petroleum, Uncategorized | Tagged , , , , | 75 Comments

In the Oil game, Russia has the longest suit to play

Guest post by David Archibald Logistic decline plots may be misleading when the production profile has been affected by political events. Nevertheless, Figure 1 shows a logistic decline plot for Russia’s conventional production. The result is in line with Russian … Continue reading

Posted in Energy, petroleum | Tagged , , , , , , , | 74 Comments

Peak Oil – the R/P Ratio re-visited

Guest post by Mike Jonas On Dec 13, Willis Eschenbach posted a convincing (and eloquent as always) argument “The R/P Ratio” against Peak Oil being imminent. I would like to present a different view. In fact I draw the opposite … Continue reading

Posted in Energy, petroleum | Tagged , , , , , , | 229 Comments