Peak oil
Peak oil, an event based on M. King Hubbert's theory, is the point in time when the maximum rate of extraction of petroleum is reached, after which the rate of production is expected to enter terminal...
Peak oil - Wikipedia
Here’s How Electric Cars Will Cause the Next Oil Crisis
A shift is under way that will lead to widespread adoption of EVs in the next decade.
Saudi Arabia to run out of cash in less than 5 years
If oil stays around $50 a barrel, most countries in the region will run out of cash in five years or less, warned a dire report from the International Monetary Fund this week. That includes OPEC leade...
Jose's interview - URUGUAY - #HUMAN
José Mujica, nicknamed Pepe Mujica, was President of Uruguay from 2010 to 2015. A former Tupamaros freedom fighter in the 60s and the 70s, he was detained, like a hostage by the dictatorship between 1...
Saudis block OPEC output cut, sending oil price plunging | Reuters
Saudi Arabia blocked calls on Thursday from poorer members of the OPEC oil exporter group for production cuts to arrest a slide in global prices, sending benchmark crude plunging to a fresh four-year ...
Price of oil
The price of oil, or the oil price, generally refers to the spot price of a barrel of benchmark crude oil.In North America this generally refers to the WTI Cushing Crude Oil Spot Price West Texas Inte...
Oil reserves
Oil reserves are the amount of technically and economically recoverable oil. Reserves may be for a well, for a reservoir, for a field, for a nation, or for the world. Different classifications of rese...
Oil reserves - Wikipedia
Unconventional oil
Unconventional oil is petroleum produced or extracted using techniques other than the conventional (oil well) method. Oil industries and governments across the globe are investing in unconventional oi...
Heavy crude oil
Heavy crude oil or extra heavy crude oil is oil that is highly viscous, and cannot easily flow to production wells under normal reservoir conditions.(Mai) It is referred to as "heavy" because its dens...
Oil sands
Oil sands, tar sands or, more technically, bituminous sands, are a type of unconventional petroleum deposit.Oil sand is either loose sand or partially consolidated sandstone containing a naturally occ...
Oil sands - Wikipedia
Oil shale
Oil shale, also known as kerogen shale, is an organic-rich fine-grained sedimentary rock containing kerogen (a solid mixture of organic chemical compounds) from which liquid hydrocarbons called shale ...
Oil shale - Wikipedia
Predicting the timing of peak oil
Peak oil is the point at which oil production, sometimes including unconventional oil sources, hits its maximum. Predicting the timing of peak oil involves estimation of future production from existin...
Predicting the timing of peak oil - Wikipedia
Oil price increases since 2003
From the mid-1980s to September 2003, the inflation adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. Then, during 2004, the price rose above $40, and then $50. A series...
Oil price increases since 2003 - Wikipedia
Oil price increases of 2004-2008
From the mid-1980s to September 2003, the inflation-adjusted price of a barrel of crude oil on NYMEX was generally under $25/barrel. During 2003, the price rose above $30, reached $60 by 11 August 200...
Oil price increases of 2004-2008 - Wikipedia
Mitigation of peak oil
The mitigation of peak oil is the attempt to delay the date and minimize the social and economic impact of peak oil by reducing the world's consumption and reliance on petroleum. By reducing petroleum...
Mitigation of peak oil - Wikipedia
Here’s How Electric Cars Will Cause the Next Oil Crisis
A shift is under way that will lead to widespread adoption of EVs in the next decade.