Another Ignorant Forecast of the Death of the Shale Boom

Guest “riiiight” by David Middleton From the perpetually wrong Nick Cunningham at Oil Price Dot Com… US Shale Production Is Set For A Steep DeclineBy Nick Cunningham – Oct 01, 2019 U.S. oil production fell in July, another worrying sign for the shale industry. The latest EIA data shows that oil output fell sharply in…

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NPS West Coal Bunker and Tower Demolition

Climate Champion Australia Begs the USA for Fuel

Guest essay by Eric Worrall When green virtue signalling goes bad. Australia looks to access US fuel reserves to shore up supplies amid Persian Gulf tensions By political reporter Jane Norman Australia is eyeing off the United States’ tightly guarded fuel reserve as it seeks to overcome having less than a third of the stocks it…

Prediction: Iran Sanctions To Trigger $120/bbl Oil! Or Not.

Guest Yogi Berra impression by David Middleton Last month, Dr. Phillip Verleger, a professional prediction maker, predicted a crash in U.S. crude oil production in 2020. My response was: Certainly if prices drop below $50/bbl for a prolonged period of time, Dr. Verleger’s prediction of a decline in US crude oil production will very likely…

Abiotic Oil: Real(ish)Things That Don’t Matter, Part Deux

Guest Seinfeld routine by David Middleton In part one of this series, we looked at Peak Oil and its irrelevance to energy production. In Part Deux, we will look at “abiotic oil,” a real(ish) thing that really doesn’t matter outside of academic discussions and SyFy blogs. A note on terminology Some refer to this as…