The Oil Supply and Petroleum Economics
Will the oil supply run out? How does government petroleum policies impact the oil supply, the economy, and the environment?
Letter From a Level Headed Peak Oiler
Letter From a Level Headed Peak Oiler
Letter From a Level Headed Peak Oiler
Would Oil Prices Continue to Be So High If We Got Rid of All the Speculators?
Many have blamed the rapid rise in oil prices in 2007 and the first-half of 2008 on speculators. But if we somehow kicked all the speculators out of the market, would the price of oil drop back down to pre-2007 levels?
Many have blamed the rapid rise in oil prices in 2007 and the first-half of 2008 on speculators. But if we somehow kicked all the speculators out of the market, would the price of oil drop back down to pre-2007 levels?
Will Oil Hit $135 a Barrel In 2008?
Oil is currently a shade under $120. Will Oil reach $135 in 2008? How likely is this to happen?
Oil is currently a shade under $120. Will Oil reach $135 in 2008? How likely is this to happen?
What Will The Price of Oil Be 5 Years From Now?
We examine the question of "what the price of oil will be 5 years from now?" and think about how we can answer that question.
We examine the question of "what the price of oil will be 5 years from now?" and think about how we can answer that question.
The Intellectual Bankruptcy of the Peak Oil Movement
In "The Intellectual Bankruptcy of the Peak Oil Movement" we discuss claims made by peak oil enthuisasts.
In "The Intellectual Bankruptcy of the Peak Oil Movement" we discuss claims made by peak oil enthuisasts.
How Likely is Oil to Hit $100 a Barrel in December, 2007?
Peak Oil and the Oil Supply - How Likely is Oil to Hit $100 a Barrel in December, 2007? examines the probability that oil will reach $100 a barrel in December 2007.
Peak Oil and the Oil Supply - How Likely is Oil to Hit $100 a Barrel in December, 2007? examines the probability that oil will reach $100 a barrel in December 2007.
One Reader's Response to "We Will Never Run Out of Oil"
One reader responds to the article "We Will Never Run Out of Oil" by discussing all the potential supply still available.
One reader responds to the article "We Will Never Run Out of Oil" by discussing all the potential supply still available.
Can Gas Tax Increases Be Deficit Reducing?
An examination of the question "Can Gas Tax Increases Be Deficit Reducing?" Will governments simply spend additional dollars from a tax increase?
An examination of the question "Can Gas Tax Increases Be Deficit Reducing?" Will governments simply spend additional dollars from a tax increase?
Is 'We Will Never Run Out of Oil' Paid Political Propaganda? No.
Hi. I got a feeling this article was written under the careful disguise of a paid political propaganda. Basically you are saying while the oil will not 'technically' run out, our society and economy will just evolve not to use it anymore.
Hi. I got a feeling this article was written under the careful disguise of a paid political propaganda. Basically you are saying while the oil will not 'technically' run out, our society and economy will just evolve not to use it anymore.
Peak Oil - Are Economists Collectively Stupid?
A letter from a reader in response to the article "we will never run out of oil"
A letter from a reader in response to the article "we will never run out of oil"
Possible Reasons Why Oil Futures are so Undervalued
Every pundit out there seems to think the price of oil is going to continue to go up. However, this is not reflected in the price of oil futures. Nobody can seem to explain why, however.
Every pundit out there seems to think the price of oil is going to continue to go up. However, this is not reflected in the price of oil futures. Nobody can seem to explain why, however.
Why are Oil Futures so Undervalued?
If the price of oil is going to continue to skyrocket, then why are oil futures priced so low?
If the price of oil is going to continue to skyrocket, then why are oil futures priced so low?
We Will Never Run Out of Oil - Revisited
A second look at the article "We Will Never Run Out of Oil"
A second look at the article "We Will Never Run Out of Oil"
Two Responses to "We Will Never Run out of Oil"
Two reader responses to the article "We Will Never Run out of Oil"
Two reader responses to the article "We Will Never Run out of Oil"
One Response to "We Will Never Run Out of Oil"
When speaking of oil reserves, your readers may not have recognized the flexibility inherent in the reserve definition itself. Typically, oil-producing countries and oil companies report "proven reserves" which are estimated amounts thought reasonably certain to be recoverable from known reservoirs under current economic and operating conditions.
When speaking of oil reserves, your readers may not have recognized the flexibility inherent in the reserve definition itself. Typically, oil-producing countries and oil companies report "proven reserves" which are estimated amounts thought reasonably certain to be recoverable from known reservoirs under current economic and operating conditions.
Can We Expect $100 Barrels of Oil in 2006? - Oil Futures Say No
There has been a great deal of discussion about the price of crude oil reaching new heights in 2006. If this is true, then why is it not being reflected in crude oil futures?
There has been a great deal of discussion about the price of crude oil reaching new heights in 2006. If this is true, then why is it not being reflected in crude oil futures?
A Letter on the Oil Supply
Here is another terrific reader response to the article "We Will Never Run Out of Oil"
Here is another terrific reader response to the article "We Will Never Run Out of Oil"
Another Letter on the Oil Supply
Here is a terrific reader response to the article "We Will Never Run Out of Oil"
Here is a terrific reader response to the article "We Will Never Run Out of Oil"
Letter on the Oil Supply
Here are two reader responses to the article "We Will Never Run Out of Oil"
Here are two reader responses to the article "We Will Never Run Out of Oil"
Letter on the Oil Supply
This is one reader's response to the article "We Will Never Run Out of Oil"
This is one reader's response to the article "We Will Never Run Out of Oil"
We Will Never Run Out of Oil
For as long as I can remember, I've been hearing that the world oil supply will run out in a few decades. I remember quite vividly growing up in the early 1980's hearing that there wouldn't be any oil left by the time I learned how to drive.
For as long as I can remember, I've been hearing that the world oil supply will run out in a few decades. I remember quite vividly growing up in the early 1980's hearing that there wouldn't be any oil left by the time I learned how to drive.
There's oil in them thar sands! - Economics
In my article "We Will Never Run Out Of Oil", we saw why economic reasoning shows that the world oil supply will never completely run out. This week an article in the Economist titled "There's oil in them thar sands!" suggests that the large deposits of oil in the Canadian tar sands will cause the world oil supply to last much longer than some are predicting.
In my article "We Will Never Run Out Of Oil", we saw why economic reasoning shows that the world oil supply will never completely run out. This week an article in the Economist titled "There's oil in them thar sands!" suggests that the large deposits of oil in the Canadian tar sands will cause the world oil supply to last much longer than some are predicting.
Followup to We Will Never Run Out of Oil
Other than my article on the FairTax, no article has generated more controversy than "We Will Never Run Out of Oil". The sequel "Followup to We Will Never Run Out of Oil" examines a reader's objections to the original article.
Other than my article on the FairTax, no article has generated more controversy than "We Will Never Run Out of Oil". The sequel "Followup to We Will Never Run Out of Oil" examines a reader's objections to the original article.
The Winner's Curse - Oil Field Economics and Baseball
A look at oil fields, baseball players, economics, the winner's curse, and game theory
A look at oil fields, baseball players, economics, the winner's curse, and game theory
A Reader's Response to We Will Never Run Out of Oil
Here's another reader response to my controversial article "We Will Never Run Out of Oil". Is it just me, or are a lot of people looking forward to the day we "run out of oil" and "our economy will tank"?
Here's another reader response to my controversial article "We Will Never Run Out of Oil". Is it just me, or are a lot of people looking forward to the day we "run out of oil" and "our economy will tank"?
International Energy Agency Foresees 'Rough Ride Ahead' for Oil
The price of gas has steadly risen at the pumps over the last few months, as the price of Brent Crude Oil has risen from $22.94 on April 29th to $28.15 on July 7th according to The Energy Information Administration. There is, however, good news for consumers as the price of crude oil is expected to drop.
The price of gas has steadly risen at the pumps over the last few months, as the price of Brent Crude Oil has risen from $22.94 on April 29th to $28.15 on July 7th according to The Energy Information Administration. There is, however, good news for consumers as the price of crude oil is expected to drop.