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Is “shale oil” the answer to “peak oil”?
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...
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IEA Oil Forecast Unrealistically High; Misses Diminishing Returns
The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the...
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Ten Reasons Why a Severe Drop in Oil Prices is a Problem
Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low oil prices also be a problem? In particular, how can the steep drop in oil prices...
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