News from March 2021

U.S. Makes First Strategic Reserve Crude Sale to Foreign Nation

Warning: Undefined variable $result in /var/www/peakoil.com/public_html/wp-content/plugins/random-image-widget/random_image.php on line 89

Warning: Undefined variable $result in /var/www/peakoil.com/public_html/wp-content/plugins/random-image-widget/random_image.php on line 89

Warning: Undefined variable $result in /var/www/peakoil.com/public_html/wp-content/plugins/random-image-widget/random_image.php on line 89

Warning: Undefined variable $result in /var/www/peakoil.com/public_html/wp-content/plugins/random-image-widget/random_image.php on line 89

The U.S. Department of Energy sold crude oil from the Strategic Petroleum Reserve to a foreign government for the first time, according to the agency. The government of Australia and six companies were awarded supply in a DOE tender to sell 10.1 million barrels of SPR crude. The Pacific nation will be receiving 195,000 barrels […]

Beyond Oil: Lithium-Ion Battery Minerals and Energy Security

Oil has long dominated concerns about energy security because oil products have fueled nearly all of the world’s transportation for over a century. But that may be changing as vehicles powered by electric motors have become competitive with those powered by internal combustion engines. Should the mass adoption of electric vehicles occur, access to reliable […]

The First “Global Inflationary Depression” Is Very Possible

It is possible that we might soon be witness to the first global inflationary depression. This is not a mix of words we normally see placed together. Several factors make this scenario possible. First, we seldom have depressions but instead, tend to roll through mild recessions, however, what we face may be far more severe. […]

We need a carbon price, can manage it regionally: Repsol deputy CEO

The world needs a carbon price in the transition to a lower-emissions economy and should not wait for global consensus on the issue, the deputy CEO of Spanish energy group Repsol told an oil and gas conference on Tuesday. “Definitely we will need a carbon price,” Luis Cabra told the online CERAWeek event. Governments can […]

Using the pandemic to re-set the world economy

On February 21, 60 major companies announced that they will be adopting a new economic framework, in partnership with the World Economic Forum. “Executives from Bank of America, Mastercard, KPMG, and about 60 other large companies announced […] they’ll be adopting a new reporting framework for environmental, social, and governance (ESG) standards in partnership with […]

It’s Too Late for Big Oil’s Pivot to a Carbon Tax

The American Petroleum Institute is debating whether to support a price on carbon. It’s not every day that a top lobbying group contemplates taxing itself. That’s big news, and it’s tempting to call it a win for the climate. Not so fast. While API’s expected endorsement is indeed a sign of the times, it’s not […]

What the future holds for Exxon

“We are committed to playing a leading role in greenhouse gas reductions consistent with the goals of the Paris agreement…” Thus spoke Exxon (XOM) CEO Darren Woods at Exxon’s investor day this week. For most chief executives, supporting the Paris climate agreement at this point is a no-brainer. For the CEO of Exxon—a company that […]

Will we see oil at $100 a barrel again?

Brent crude has gained 23% to around $64 a barrel this year. Its gains have already surpassed the most bullish of forecasts, says Avi Salzman for Barron’s. Bank of America thinks crude will hit $100 a barrel “from time to time” over the next five years. Before 2014 crude regularly traded above $100. That era […]

Enthusiasm For Electric Vehicles Still Appears Excessive

For decades, enthusiasm for electric vehicles has failed to translate into market success. Though continued skepticism may be warranted, it’s important, naturally, to keep an open mind when considering whether this time really could be different. I’m kind of like the grumpy old man in the microwave commercial a few years back who, listening to […]

The Next U.S. Oil And Gas Boom Suddenly Looms On The Horizon

The history of the oil and gas business in the United States is that every time the “experts” all line up to declare it to be dead, it finds a way to come roaring back. This scenario has played itself out at least half a dozen times across my own 42-year career in the business […]

‘I’ll believe it when I see it’ – Saudi Arabia doubts oil recovery and keeps taps tight

This week’s surprise decision by Saudi Arabia and other top oil producers to broadly stick with output cuts despite rising crude prices was influenced by events in an unexpected place – Italy. FILE PHOTO: Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC […]

Everything Is About To Get More Expensive. This Is Good

With America already experiencing the beginnings of an inflation wave that may spiral out of control as a result of trillions in money printing the media is trying to get ahead of the story by claiming that everything becoming more expensive “is good.” It’s important not to alarm the cattle before they’re processed. pic.twitter.com/aMDUDyZj8V — […]

« Previous Page

Oil News Categories

Recent Board Topics

decline rate

by AdamB, February 7, 2026 9:17 pm
THE Nuclear Power Thread pt 10 (merged)

by AdamB, February 7, 2026 8:07 pm
Bitcoin & crypto? Pt. 3

by AdamB, February 7, 2026 8:01 pm
THE Silver & Gold Thread (merged)

by AdamB, February 7, 2026 7:58 pm
THE Coal Thread pt 4

by AdamB, February 7, 2026 7:53 pm
Stock Market Crash! (merged) Pt. 26

by theluckycountry, February 7, 2026 6:28 pm
Исследования рынка и бизнес-трендов

by Carlosgeaxy, February 6, 2026 10:04 am
THE Alternative Energy Thread pt 4 (merged)

by AdamB, February 6, 2026 7:48 pm
TESLA-More Than Just EVs

by AdamB, February 6, 2026 6:35 pm
play craps online casino a11cuk

by ArielMit, February 5, 2026 7:02 pm
Платформа готовых бизнес-решений

by ZacharytoW, February 3, 2026 10:11 am
THE Natural Gas Thread Pt. 2

by AdamB, February 3, 2026 8:20 pm
THE Electric Vehicle (EV) Thread pt 16

by AdamB, January 27, 2026 7:32 pm
THE Nuclear Weapons/War Thread Pt. 2 (merged)

by AdamB, January 27, 2026 7:28 pm
The Eagle Ford Shale

by AdamB, January 27, 2026 7:21 pm
Slate: "So We're Running Out Of Oil. Big Deal."

by AdamB, January 25, 2026 4:42 pm
Peak oil debate

by AdamB, January 24, 2026 9:05 am
Increasing Recovery Factor

by AdamB, January 22, 2026 8:08 pm
Peak Oil Case Study: The Aluminium Can

by AdamB, January 22, 2026 8:01 pm
The Real Price of Oil

by AdamB, January 22, 2026 7:52 pm
Economics in the Big Decline

by AdamB, January 22, 2026 7:31 pm
Economics of Peak.

by AdamB, January 22, 2026 7:13 pm
Energy Illiteracy; An Obstacle to a Sustainable Future

by AdamB, January 22, 2026 7:11 pm
Echo Boomers: The Future Decision Makers

by AdamB, January 22, 2026 7:07 pm
new oil projects 90% sour, heavy or both?

by AdamB, January 22, 2026 6:17 pm
Oil Company execs selling their shares.

by AdamB, January 20, 2026 8:59 pm
"bottle-brushing": How does it work?

by AdamB, January 20, 2026 7:57 pm
Are we making oil?

by AdamB, January 20, 2026 7:49 pm
A Culture of Quantity to a Culture of Quality.

by AdamB, January 20, 2026 7:46 pm
The Death of Cities

by theluckycountry, January 17, 2026 5:00 am