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The Next Oil Price Spike May Cripple The Industry

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Two diametrically opposed views dominate the current debate about where the oil price is heading. On the other hand, however, there is the view that the price of oil is set to explode, primarily due to underinvestment in the upkeep of brownfields , development of greenfields , and exploration for new resources.

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Study finds carbon emissions benefits of reduction in oil demand depend on size of drop and global oil market structure

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In the paper, the researchers link econometric models of the production profitability of 1,933 global oilfields (representing about 90% of the world’s supply in 2015) with their production carbon intensity, a measure of the amount of carbon emitted per unit of energy (or barrel of oil) produced. —Mohammad Masnadi. Masnadi, M.S.,

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Harvard Kennedy School researcher forecasts sharp increase in world oil production capacity and risk of price collapse

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Such an increase in capacity could prompt a plunge or even a collapse in oil prices, he suggests. The shale/tight oil boom in the United States is not a temporary bubble, but the most important revolution in the oil sector in decades. Oil: The Next Revolution." —Maugeri 2012. —Meghan L.

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Opinion: Can Argentina Capitalize On Its Vast Shale Reserves?

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Still, with a resource potential both vast and untapped, the nation has never been far from energy investors’ minds. The question today is just how much Argentina is willing to change and how this plays into a low oil price environment that is already negatively impacting investment elsewhere. Oil prices are set at $77.50

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Opinion: Saudis Could Face An Open Revolt At Next OPEC Meeting

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OPEC next gathers December 4 in Vienna, just over a year since Saudi Oil Minister Ali Al-Naimi announced at the previous OPEC winter meeting the Saudi decision to let the oil market determine oil prices rather than to continue Saudi Arabia's role of guarantor of $100+/bbl oil. trillion of $3.05 billion vs. $1.6

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Baker Institute expert: crude-oil production increase a risky strategy for Saudi Arabia

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As recently as 2015, Saudi energy officials dismissed suggestions that the kingdom would seek to raise its crude oil production capacity above its theoretical maximum of 12.5 Internationally, Saudi Arabia also faces conflicting priorities for its crude oil. Krane’s paper is published in the journal Energy Policy.

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EIA projects world energy use to increase 53% by 2035; oil sands/bitumen and biofuels account for 70% of the increase in unconventional liquid fuels

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Worldwide energy consumption will grow by 53% between 2008 and 2035 with much of the increase driven by strong economic growth in the developing nations, especially China and India, according to the reference case in the newly released International Energy Outlook 2011 (IEO2011) from the US Energy Information Administration (EIA).

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