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Interview with Michael Smith (Part 2 of 2)

Interview with Michael Smith (Part 2 of 2)

Posted By admin • on August 30, 2010

Peak Oil Review: Saudi Arabia is obviously yours and everyone’s kingpin producer.

Smith: Saudi Arabia has been the world’s main swing producer. Since 2006 when I developed the slides, Saudi Arabia has increased its production capacity; a lot was planned at the time, but they’ve been quite proactive in investing in their industry.

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Ed Stein On Energy

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Quote of the Week


“OPEC doesn’t seem to have raised its supply very much in response to the higher oil prices [2004-2008], except a million barrels a day or so at the end. One might suspect that their statements about high spare capacity overstate the extent that they can really ramp up supplies when oil prices are tight. But [...]


- Gail Tverberg, The Oil Drum

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News

ASPO-USA seeking Executive Director

By admin • on August 31, 2010

The Association for the Study of Peak Oil & Gas - USA (ASPO-USA) is a nonprofit organization founded in 2005 to encourage prudent energy management, Read More

Interview with Art Berman - Part 2

By admin • on July 26, 2010

By the Peak Oil Review team Art Berman is a geological consultant whose specialties are subsurface petroleum geology, seismic interpretation, and database Read More

Commentary

Interview with the UK’s Michael Smith (Part 1 of two parts)

By admin • on August 23, 2010

Peak Oil Review Team: Could you share a little about your background? Michael Smith: I was once a geologist, and worked with oil and gas consultancies Read More

Remembering the Remarkable Matthew R. Simmons

By admin • on August 16, 2010

By Steve Andrews, Sally Odland, John Theobald and Randy Udall Matt Read More

Quote of the Week

Gail Tverberg, The Oil Drum

By admin • on August 30, 2010

“OPEC doesn’t seem to have raised its supply very much in response to the higher oil prices [2004-2008], except a million barrels a day or Read More

U.S. Rep. Ed Markey (D.-Mass.) during a hearing last Thursday

By admin • on August 23, 2010

“People want to believe that everything is OK and I think this report and the way it is being discussed is giving many people a false sense of confidence Read More

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Review August 23, 2010

The ASPO-USA 2010 Peak Oil Conference Washington, DC — October 7-9, 2010 Early registration (save $) ends August 31st. Register online:  www.aspousa.org Read More

Review August 16, 2010

Download Full PDF 1. Oil and the Global Economy Oil prices have fallen steadily since touching a high of $83  Read More

Jeff Rubin, consulting economist and author

T. Boone Pickens’ plans to save the United States from its energy dependence on so-called hostile petro-powers is, simply put, full of hot air. The abundance of shale gas in the U.S. will no more  Read More