Latest Predicting the timing of peak oil Stories
U.S. oil output is set to surpass that of Saudi Arabia and Russia by 2017, reaching levels high enough to make the country nearly energy independent, the International Energy Agency (IEA) said on Monday in its annual World Energy Outlook report.
In a finding that may speed efforts to conserve oil and intensify the search for alternative fuel sources, scientists in Kuwait predict that world conventional crude oil production will peak in 2014 â€” almost a decade earlier than some other predictions.
Newly-released videotaped remarks reinforce statements by senior petroleum industry officials about looming world oil supply constraints DENVER, Nov.
The IEA World Energy Outlook has highlighted longer term supply side constraints, despite the precipitous correction in world oil prices of late, as current depletion rates outstrip future demand.
By Bahgat, Gawdat Since the early 2000s oil prices have more than tripled (Fig. 1).
By Edwin S. Robinson Why are fuel prices rising? To a large extent the price is set by supply and demand. The following discussion is about supply.
- A trick or prank.