by Such » Sun 03 Oct 2004, 14:12:24
I generally stick with the professional trade and industry journals (WOrld Oil, Oil and Gas, Petroleum Review, etc) - they follow the technology, money, and resource base with the most objective scrutiny. Here is the best collections of the facts... as well as can be known. However, generally, interpretation of those facts is often focused only on it's effect to the industry, and tends to not speculate on social and political effects... which of course is not their job. So, you may have to infer what the social effects may be. Also, the industry journals generally do not have a very penetrating "eye" into the companies themselves, who hold secrets in their own interest and also release information in their own interest.
Actually, one of the most interesting thing is to look very carefully at the way the advertising in trade journals is slanted. If, for example, there are many ads for companies making drilling equipment for very deepwater operations, or equipment for processing tar sands and oil shale, or imaging software/techniques with greater resolution to help find very small fields... you might infer that the companies are becoming very interested in these sources of unconventional oil. To me, that is a very striking demonstration of how unhealthy the conventional oil reserve base is becoming... the easy stuff has all been found or is unavailable for political or geographical reasons.