Filed under: Uncategorized | Tags: domestic oil production, global oil production, peak oil, Ron Patterson
Bottom line, I am more convinced than ever that 2015 will be the year world crude oil peaked.
Source: All Roads Lead To Peak Oil – Peak Oil BarrelPeak Oil Barrel
Filed under: Uncategorized | Tags: China, energy, oil, putin, riyadh, Saudi Arabia
From Zerohedge.com:
In short, if John Kerry and Riyadh did in fact plan to bankrupt the Russians by tanking crude prices, the effort was a miserable failure that resulted not only in a 20% fiscal deficit for the Saudis, but the destruction of American jobs in the oil patch.