This time, you will be surprised. When the low-quality oil ((shale oil, ultra-deep oil, artic oil, heavy crude oil...)) supply dissappears after...
I am passing over here again and dropping a few updates that speak for themselves:...
I don't have enough time to respond ex-chemist (ex-chemist: I am not trying to defend the validity of the ETP Model as Futilitist is doing - what I...
Well, to be honest, I think I understand now how Futilitist feels about the debate with some people here. Nice "straw-man" by the way. If I were...
Well, I certainly agree when you refer to the oil coming from Saudi Arabia as "cheap oil". The Kingdom has been able to increase its oil production...
The Financial Times just posted this report about the Oil Industry: http://www.ft.com/intl/cms/s/0/3ba5d0a8-5e29-11e5-a28b-50226830d644.html You...
Hello ex-chemist 1) First of all, I would like to examine the "conventional explanations" in detail: - Shale oil boom: It is true that there has...
I believe that the exchange of arguments stopped some time ago, and now we're entering in the phase of name-calling and trolling. Futilitist is...
Hello Everyone, I don't think oil production will stop/ I don't think oil prices will drop to zero dollars in 2021 - that does not make sense - Oil...
Well, I certainly don't agree with your approach. The difference between Oil and diamonds, is that the first one is required to power (or to create...
Hello everyone again, Futilitist, I would like you to explain how did you get this conclusion? You're forecasting possible future oil prices (in...
The efficiency argument (I recommend you to read the new Steve's Ludlum post, btw): Selling below cost does not work with petroleum because...
Are you saying that if we completely stop using fuel, nuclear, renewables, etc... our society will continue to function as if nothing had happened?...
Well, what would happen in the event that BP discovers that there is an oil field that requires 200 $ per barrel to be profitable? Do you think that...
I am going to quote what Steve posted when the Oil slump occurred (Dec 2014): Since 2008, the world has become poorer; what remains of purchasing...
You can find all of them if you google "Triangle of doom oil" in Google Images. For example, Steved forecast in Dec 2013 was: "After the end of next...
While I enjoy the debate over here, I also believe we should tone it down. It certainly doesn't help to introduce a topic and present it as it were...
Futilist, I think that the maximum affordable price for this year is 75 $, so you should move the upper line above the current level. The year starts...
Hello Russ, this is the first blogpost where Steve uses this Triangle of Doom. It wasn't really a triangle by then....
Well, here is the answer to that question: http://gulfnews.com/business/sectors/energy/projects-worth-200b-cancelled-due-to-low-oil-prices-1.1456716...
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