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Back in March 2005 I posted my first offering to the new site that Kyle and I had agreed to call “The Oil Drum.” Now, some eight years later, this will be my final Tech Talk to appear on that site, and it is perhaps...

Executive Summary Oil production and consumption data reported by JODI (Joint Organisations Data Initiative) is reported to JODI by national governments giving us reason to believe that this may be the most reliable data...

World total liquid fuel production data published by the International Energy Agency (IEA) suggests that global liquid fuel production has risen steadily (in stages) from 76.3 million barrels per day (mmbpd) in January 2002...

Mark J. Perry caused a minor sensation on October 22, 2012 when he posted a blog about record-breaking fossil fuel production in the United States. Perry is an economics professor at the University of Michigan at Flint and...

The price of crude oil has been shown to have significant impact on the global economy, and in the current somewhat fragile state of the various parts of that economy the current lower prices help...

Countries trade crude oil and oil products back and forth. When all of these transactions are netted out, is the US close to becoming a “net” oil exporter?

Art Berman commented, in regard to my last post on the oil and gas reserves offshore Alaska, that at one time companies looked for an estimated 1 billion barrels in reserves, before they would consider starting down the...

Readers have been asking questions about a couple of shale oil articles recently. One is an AP article called New drilling method opens vast oil fields in US. A similar article is a CNBC article titled Massive New US Oil...

This current series of posts is aimed at an overview of the top oil producing nations, seeking to establish how the ranking of the countries is changing from the original table that EIA put out in 2008, After looking at...

DISCLAIMER: The author holds no positions in the oil/energy market that may be affected by the content of this post.

DISCLAIMER: The author holds no positions in the oil/energy market that may be affected by the content of this post.

Just before the Christmas break the United Kingdom was going through some concerns over natural gas supply. Stored gas levels were falling and the National Grid posted a “Gas Balancing Alert” for only the second...

There are two figures that keep cropping up when folk write about the production of oil, one number is the daily flow rate for crude oil, and while the EIA report that the peak production year to date was in 2005, when the...