AAPG Announces New Climate Change Statement

Guest “not as bad as I thought it would be” by David Middleton Over the past couple of years, the Executive Committee of the American Association of Petroleum Geologists (AAPG) has been working on a new position statement on climate change. The new statement was unveiled in the latest issue of the AAPG Explorer… Announcing…

A look at oil production

Saudi Production Profile Guest post by David Archibald World conventional oil production peaked in 2005 and has been on a plateau at about that level ever since. This graph suggests that the market changed from inherent over-supply to inherent tightness in June 2004: Figure 1: World Oil Production and Oil Price 1994 – 2011 World…