Oil Supplies

May 25, 2011, 12pm PDT
Half the oil in the Persian Gulf has been pumped out of the ground - so has 'peak oil' been reached? Notably, that term doesn't even appear in the article. Instead, it discusses the difference between light and heavy oil, and the role of technology
The Wall Street Journal - Business
April 20, 2009, 10am PDT
'Peak oil' refers to a belief that growing oil demand will outstrip finite oil supplies. Peak U.S. oil consumption is premised on the belief that 2007 marked the peak, population increase notwithstanding, due to efficiency, biofuels and batteries.
The Wall Street Journal
March 16, 2009, 10am PDT
$147 per barrel oil prices set off a frenzy of new domestic oil drilling that has all but ceased with $46 per barrel. The drop in natural gas drilling has been even more pronounced. When demand returns, domestic oil and gas supplies will likely not.
The New York Times - Business
February 24, 2009, 9am PST
In his first foreign trip, President Obama will meet with Canadian PM Harper to discuss, amongst other topics, the environmental impact of mining Alberta's oil sands.
The Washington Post