Filed under: Uncategorized | Tags: deepwater drilling, EIA, fracking, IEA, liquid fuel production, oil price, oil price predictions, oil production, Peak Demand, peak oil, refinery gain, shale oil, tight gas, tight oil
Via Kurt Cobb in the CS Monitor:
Back in the year 2000, the IEA divined that by 2010, liquid fuel production worldwide would reach 95.8 million barrels per day (mbpd). The actual 2010 number was 87.1 mbpd. The agency further forecast an average daily oil price of $28.25 per barrel (adjusted for inflation). The actual average daily price of oil traded on the New York Mercantile Exchange in 2010 was $79.61
So, what made the IEA so sanguine about oil supply growth in the year 2000? It cited the revolution taking place in deepwater drilling technology which was expected to allow the extraction of oil supplies ample for the world’s needs for decades to come. But, deepwater drilling has turned out to be more challenging than anticipated and has not produced the bounty the IEA imagined it would. …
Filed under: maps, Uncategorized | Tags: crude oil supply, Cushing, EIA, energy, oil pipelines, oil transportation, petroleum products, pipeline map, refineries, US oil production, WTI
Filed under: Uncategorized | Tags: 2013 oil price, Brent, crack spread, crude oil, EIA, energy, gas prices, oil price predictions, refinery profits, transportation, WTI
Always kind of funny. Flat-line forever.
Filed under: Uncategorized | Tags: 2012, 2019, AEO table browser, EIA, energy, Hubbert, oil predictions, oil production, peak oil, U.S. crude oil production
7.54 mbd of crude in 2019. According to the EIA’s “AEO Table Browser:”
Filed under: Uncategorized | Tags: Bakken, bakken formation, EIA, Montana, Montana oil production, North Dakota, tight gas, tight oil
Appears to have peaked. See, the Bakken formation is in Montana and North Dakota.
Filed under: Uncategorized | Tags: 2012, disruptions, EIA, emergency survey, fuel shortages, gas, gas lines, gas rationing, gasoline shortage, New York City, power outages, Sandy, transportation
Filed under: Uncategorized | Tags: cars, EIA, energy, Energy Information Association, gas stocks, gasoline, stocks, transportation
U.S. stocks of finished gasoline, via EIA.
Filed under: Uncategorized | Tags: China, Chinese coal production, climate, CO2 production, coal, EIA, energy, global coal production, global warming, peak oil
The rise in global production over the past decade is almost entirely due to Chinese production…
via the EIA via http://www.theoildrum.com/node/9485
Filed under: Uncategorized | Tags: ASPO, crude oil production, EIA, energy, Jeffrey Brown, oil production propaganda, peak oil, production numbers, Railroad Commission of Texas, RRC, Texas, Texas crude oil production, transportation
According to the Railroad Commission of Texas.
Some individuals recently noting the difference between RRC and EIA production numbers. From a comment by Jeffrey Brown:
Total US Crude Oil Production (EIA, mbpd):
Total US Crude Oil Production, using RRC data for Texas, instead of EIA (Gap Between the two data sets):
2002: 5.615 (+131,000 bpd)
2003: 5.548 (+133,000)
2004: 5.303 (+116,000)
2005: 5.059 (+119,000)
2006: 4.948 (+154,000)
2007: 4.898 (+166,000)
2008: 4.813 (+137,000)
2009: 5.199 (+162,000)
2010: 5.285 (+194,000)
2011: 5.324 (+338,000)
Filed under: Uncategorized | Tags: crude oil, EIA, energy, Iran oil production, Iraq, middle-east, oil production, oil supply, peak oil, Peak Oil is dead, pipeline problems, Turkey