Oil Prices: Supply Siders, Start Getting Nervous - Environmental Capital - WSJ
An interesting data point. Looks like anticipated declines in non-OPEC production are happening perhaps even faster than some had anticipated (a trend no-doubt accelerated by the credit crisis and current low prices).
There was a nice article on our project in this weekend’s edition of the Portland Business Journal:
U.S. Oil Demand Hit Lowest Point in Decade - Oil and Gas Energy News Story - CNBC.com
This story shows in a nutshell why oil prices dropped off a cliff so suddenly. When the economy recovers and demand recovers, so too will price, as the supply side picture has not been improving substantially.
The Oregon Cleantech Cluster: The A-to-Z List of Alternative Energy Players | Xconomy
We were just profiled as part of Oregon’s “cleantech cluster”.
http://www.xconomy.com/seattle/2009/03/04/the-oregon-cleantech-cluster-the-a-to-z-list-of-alternative-energy-players/
Pemex struggles to remain in the ranks of oil exporters - GLG News
An interesting analysis of Mexico’s efforts to stay ahead of the decline curve.
If this gentleman’s comments are correct, we may well see Mexico slip from exporter to importer status within the next few years. Bad news for the US, as Mexico has been one of our major suppliers. Bad news for the world, as it means the effective loss of a former supergiant producer.
http://coalgasificationnews.com/2009/02/28/doe-secretary-chu-reduces-time-required-for-loan-approval-process/
This is good news. The previous attempts at implementation of EPACT2005 guarantees, among others, were painfully slow to the point of commercial inviability. Hopefully Secretary Chu will be able to markedly improve the process.
http://www.theoildrum.com/node/4820
The folks over at The Oil Drum are continuing thier absolutely top-notch work at quantifying and clarifying the probable future global oil production profile.
This is a little dense, but if you are a data geek like me, it is absolutely fascinating, as this is as close to real solid data as we all have for projection of future world oil production.
The numbers are not too encouraging.
http://www.dnaindia.com/report.asp?newsid=1234290
Another report cautioning on the oil supply security/price stability issue as soon as the economy begins to uptick again.