Most people expect that the economy of 2021 will be an improvement from 2020. I don't think so. Perhaps COVID-19 will be somewhat better, but other aspects of the economy will likely be worse. Continue reading →
A post by Ovi at peakoilbarrel Below are a number of oil (C + C ) production charts for Non-OPEC countries created from data provided by the EIAʼs International Energy Statistics and updated to September 2020. Information from other sources such as OPEC, the STEO and country specific sites such as Russia and Norway is […]
Preface. Electricity generating contraptions like wind and solar can’t replace the 50% of oil used in global manufacturing, because they can’t generate the high heat needed, or run battery or catenary electric trucks as I explained in “When Trucks Top … Continue reading →
Stora oljebolag kläms från två håll, från resurs nationalism som exkluderar bolagen från den lättåtkomliga oljan, och från felaktig beräkningar hos investerare.