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We cannot drill our way out of this oil crisis. Since 2000, oil companies working in the U.S. have doubled the number of wells drilled per year.

Although increased drilling has added new oil to the nation's supply, it has not done so fast enough to offset the terminal decline of existing fields.

We are going to have to import more of our oil. Period.

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Stories Archive

Peak Oil News: October 2004

ArticlescommentsreadsScoreDateActions
· It's the Crude, Dude: War, Big Oil, and the Fight for the Planet173502004-10-31Printer Friendly Page Send this Story to a Friend
· Nigerian Strike to Target Oil Exports267202004-10-31Printer Friendly Page Send this Story to a Friend
· Oil companies spend riches on investors082802004-10-31Printer Friendly Page Send this Story to a Friend
· Future of oil supply is murky265202004-10-31Printer Friendly Page Send this Story to a Friend
· Oil may fuel 'green' prospects162602004-10-31Printer Friendly Page Send this Story to a Friend
· Britain 'is insulated from oil price rise063202004-10-31Printer Friendly Page Send this Story to a Friend
· Opec chief expects oil to fall further475712004-10-31Printer Friendly Page Send this Story to a Friend
· It's Time for an Alternative Fuel289302004-10-30Printer Friendly Page Send this Story to a Friend
· U.S. Growth Crimped By Oil063802004-10-30Printer Friendly Page Send this Story to a Friend
· Mexico's energy problem - Oil, politics a difficult mix367002004-10-29Printer Friendly Page Send this Story to a Friend
· Andrew McKillop: Oil prices ... another Iran crisis?087942004-10-29Printer Friendly Page Send this Story to a Friend
· Problems as well as profits for oil firms071502004-10-29Printer Friendly Page Send this Story to a Friend
· Energy politics expert speaks on oil and national security links056152004-10-29Printer Friendly Page Send this Story to a Friend
· Why you may soon pay $10 a gallon for gasoline274752004-10-29Printer Friendly Page Send this Story to a Friend
· Deloitte Oil & Gas Conference to Focus on Global Factors Driving Price Increases180002004-10-29Printer Friendly Page Send this Story to a Friend
· $200 Oil? It Could Be Asia's Gift to World: William Pesek Jr.280302004-10-29Printer Friendly Page Send this Story to a Friend
· New method proposed for figuring oil, gas reserves063902004-10-29Printer Friendly Page Send this Story to a Friend
· A Weakening Oil Gusher?273402004-10-29Printer Friendly Page Send this Story to a Friend
· Global oil production and consumption163902004-10-29Printer Friendly Page Send this Story to a Friend
· Oil's cost could make life more miserable for airlines262202004-10-29Printer Friendly Page Send this Story to a Friend
· Global energy demand to surge 60% by 2030052102004-10-29Printer Friendly Page Send this Story to a Friend
· Soaring Fuel Costs Undermining Airlines052702004-10-29Printer Friendly Page Send this Story to a Friend
· Peak Oil Mini-Summit at San Francisco Green Festival196652004-10-29Printer Friendly Page Send this Story to a Friend
· NATURAL GAS / CRUDE OIL BTU SPREAD NARROWS2167452004-10-28Printer Friendly Page Send this Story to a Friend
· OPEC Shipments +280,000 B/D At 24.55M B/D - Oil Movements1102402004-10-28Printer Friendly Page Send this Story to a Friend
· Produce prices ''soaring'', oil price blamed062902004-10-28Printer Friendly Page Send this Story to a Friend
· Oluf Ulseth, Norway's Deputy Minister of Petroleum Mentions Norway's Oil Peak178202004-10-28Printer Friendly Page Send this Story to a Friend
· Oil Demands Can Be Met, but at a High Price, Energy Agency Says263202004-10-28Printer Friendly Page Send this Story to a Friend
· The global energy outlook for the 21st century276002004-10-28Printer Friendly Page Send this Story to a Friend
· Oil: The illusion of plenty199852004-10-28Printer Friendly Page Send this Story to a Friend
· Natural Gas and Oil BTU price converge182502004-10-27Printer Friendly Page Send this Story to a Friend
· U.S. Overestimates Future Middle East Production066702004-10-27Printer Friendly Page Send this Story to a Friend
· NZ has time to prepare for future oil crisis - Energy Minister263102004-10-27Printer Friendly Page Send this Story to a Friend
· Making a meal of oil reserves387102004-10-27Printer Friendly Page Send this Story to a Friend
· Wall Street Jounal mentions US oil peak2102602004-10-27Printer Friendly Page Send this Story to a Friend
· Ex-Saudi Oil Exec Criticizes US Govt Oil Supply Forecast320804.332004-10-27Printer Friendly Page Send this Story to a Friend
· Gulf Pipeline Disaster Revealed; SPR Tap Possible174552004-10-27Printer Friendly Page Send this Story to a Friend
· Summary of Weekly Petroleum Data for the Week Ending October 22, 2004263002004-10-27Printer Friendly Page Send this Story to a Friend
· OPEC urges US to use Strategic Reserves273902004-10-27Printer Friendly Page Send this Story to a Friend
· Channel 4 News Special Report: Oil Supplies179602004-10-27Printer Friendly Page Send this Story to a Friend
· Gulf Pipeline Disaster Revealed; SPR Tap Possible063852004-10-27Printer Friendly Page Send this Story to a Friend
· 10-27 09:00: US DOE Oil Data: API-DOE Comparison For Wk Ended Oct 22058702004-10-27Printer Friendly Page Send this Story to a Friend
· Recent moves by Fed and OPEC point to American decline28954.662004-10-27Printer Friendly Page Send this Story to a Friend
· Instability looms as currencies slide167802004-10-27Printer Friendly Page Send this Story to a Friend
· BP: Oil at $30!5115312004-10-27Printer Friendly Page Send this Story to a Friend
· Putin - Why Not Price Oil In Euros?2110152004-10-27Printer Friendly Page Send this Story to a Friend
· ATA Airlines files for Chapter 11 amid costly fuel and lower demand170742004-10-27Printer Friendly Page Send this Story to a Friend
· Oil supplies 'over-estimated' : Channel4.com181552004-10-27Printer Friendly Page Send this Story to a Friend
· The Athabasca Oilsands179052004-10-27Printer Friendly Page Send this Story to a Friend
· Opec asks US to release emergency oil stocks36254.52004-10-27Printer Friendly Page Send this Story to a Friend
· IEA Sees 'Looming Crisis' As Oil Data Worsens4159132004-10-26Printer Friendly Page Send this Story to a Friend
· New IEA Report on Energy - ''Reassuring'' or ''Anything But''?279302004-10-26Printer Friendly Page Send this Story to a Friend
· Waving goodbye to oil365402004-10-26Printer Friendly Page Send this Story to a Friend
· Stocks Higher Despite Oil Uncertainty057202004-10-26Printer Friendly Page Send this Story to a Friend
· Gas Prices Surge 30 Cents In One Day5116152004-10-26Printer Friendly Page Send this Story to a Friend
· Andrew McKillop: Demographic Oil Demand and Peak Oil363452004-10-26Printer Friendly Page Send this Story to a Friend
· UK Channel 4 News: Oil supplies 'over-estimated'485602004-10-26Printer Friendly Page Send this Story to a Friend
· U.S. October Consumer Confidence Index Falls to 92.8 From 96.7055802004-10-26Printer Friendly Page Send this Story to a Friend
· Oil debate produces more heat than light168152004-10-26Printer Friendly Page Send this Story to a Friend
· Deffeyes presentation364602004-10-26Printer Friendly Page Send this Story to a Friend
· UK Channel 4 News Saudi Insider Scoop283802004-10-26Printer Friendly Page Send this Story to a Friend
· North Sea-scale oil find just a matter of time--NZ geologist065202004-10-26Printer Friendly Page Send this Story to a Friend
· The future of energy security264202004-10-26Printer Friendly Page Send this Story to a Friend
· Oil industry faces crisis similar to 1970s, CGES warns377252004-10-25Printer Friendly Page Send this Story to a Friend
· Russian oil company problems likely to affect global oil prices265702004-10-25Printer Friendly Page Send this Story to a Friend
· The Buck Backs Down486102004-10-25Printer Friendly Page Send this Story to a Friend
· Norwegian Oil Strike called off362402004-10-25Printer Friendly Page Send this Story to a Friend
· Dollar Has Longest Losing Streak Since December 2000 on Oil056802004-10-25Printer Friendly Page Send this Story to a Friend
· U.S. Retail Gasoline Rises to $2.04 a Gallon in Lundberg Survey059702004-10-25Printer Friendly Page Send this Story to a Friend
· Campaigns fail to focus on energy155402004-10-25Printer Friendly Page Send this Story to a Friend
· Dwindling Supply VS Abundant Oil: A Timely Debate3108132004-10-24Printer Friendly Page Send this Story to a Friend
· Stocks sent sliding on rash of bad news about oil577802004-10-23Printer Friendly Page Send this Story to a Friend
· Crude Awakening286452004-10-23Printer Friendly Page Send this Story to a Friend
· Energy: A Global Overview054302004-10-23Printer Friendly Page Send this Story to a Friend
· World Wildlife Fund Warns on Consumption of Resources483052004-10-23Printer Friendly Page Send this Story to a Friend
· Raise the Roof: Power Source290902004-10-23Printer Friendly Page Send this Story to a Friend
· American Airlines to Layoff 1,100 Citing Fuel Costs & Competition382752004-10-23Printer Friendly Page Send this Story to a Friend
· Elephant in the room is US debt388712004-10-23Printer Friendly Page Send this Story to a Friend
· China's huge footprint being felt with the rising cost of oil270152004-10-22Printer Friendly Page Send this Story to a Friend
· Scientific (and unscientific) petroleum supply forecasting7115522004-10-22Printer Friendly Page Send this Story to a Friend
· CGES: OPEC pushing limits of oil production capacity284132004-10-22Printer Friendly Page Send this Story to a Friend
· OPEC pushing limits of oil production capacity168102004-10-22Printer Friendly Page Send this Story to a Friend
· Oil Rises to Record as China's Growth Expected to Boost Demand062902004-10-22Printer Friendly Page Send this Story to a Friend
· Interesting story on how oil companies are spending their dollars386942004-10-22Printer Friendly Page Send this Story to a Friend
· London Analysts: OPEC Overrated Themselves369102004-10-22Printer Friendly Page Send this Story to a Friend
· Global oil markets well-supplied, stocks rising: IEA's Mandil663202004-10-22Printer Friendly Page Send this Story to a Friend
· Schlumberger Reports 3rd-Quarter Profit of $318.2 Mln055602004-10-22Printer Friendly Page Send this Story to a Friend
· Europe May Face Knockout Blow From Dollar Decline: Matthew Lynn280222004-10-22Printer Friendly Page Send this Story to a Friend
· Crude Oil Rises Amid Concern Over Declines in U.S. Distillate Inventories264102004-10-22Printer Friendly Page Send this Story to a Friend
· Crude Oil Price Rises to Record $55.35 a Barrel as China's Economy Expands261632004-10-22Printer Friendly Page Send this Story to a Friend
· Group warns on resource consumption269012004-10-22Printer Friendly Page Send this Story to a Friend
· `I thank God that India has no oil reserves', says Gujral:46934.52004-10-22Printer Friendly Page Send this Story to a Friend
· Report: Humanity using up the planet372802004-10-22Printer Friendly Page Send this Story to a Friend
· Nigeria Strike - Round 2258552004-10-22Printer Friendly Page Send this Story to a Friend
· Can Austin Kick-Start the Hybrid-Car Future?261402004-10-22Printer Friendly Page Send this Story to a Friend
· Is the Bush Administration Supressing the Price of Gas?373852004-10-22Printer Friendly Page Send this Story to a Friend
· Global Warming Effects Faster Than Feared - Experts28374.52004-10-22Printer Friendly Page Send this Story to a Friend
· Is There An Energy Crisis?160802004-10-22Printer Friendly Page Send this Story to a Friend
· CGES: OPEC pushing limits of oil production capacity152202004-10-22Printer Friendly Page Send this Story to a Friend
· @ Peakoil.com: European Social Forum, Peak Oil blog4107802004-10-22Printer Friendly Page Send this Story to a Friend
· As oil rises, cleaner energy surges26224.52004-10-21Printer Friendly Page Send this Story to a Friend
· A Rebuttal of Thomas Gold's Claims for Abiotic Oil (summary only)381052004-10-21Printer Friendly Page Send this Story to a Friend
· Petroleum Expert Tells It Like It Is4132452004-10-21Printer Friendly Page Send this Story to a Friend
· U.S. leading indicators fall for 4th month186802004-10-21Printer Friendly Page Send this Story to a Friend
· Fed. Reserve Governor Says Days of Cheap Oil Are Over2113252004-10-21Printer Friendly Page Send this Story to a Friend
· Alfred E. Greenspan: What Me Worry?054002004-10-21Printer Friendly Page Send this Story to a Friend
· World is ecologically imbalanced162952004-10-21Printer Friendly Page Send this Story to a Friend
· Group Warns on Consumption of Resources263302004-10-21Printer Friendly Page Send this Story to a Friend
· Why Carbon Fuels Will Dominate The 21st Century's Global Energy Economy487512004-10-21Printer Friendly Page Send this Story to a Friend
· Will oil woes lead to Asian EU?381452004-10-20Printer Friendly Page Send this Story to a Friend
· Bush Target's National Treasure In Hunt For Oil364502004-10-20Printer Friendly Page Send this Story to a Friend
· Lithuania goes a decade between oil discoveries4109802004-10-20Printer Friendly Page Send this Story to a Friend
· Top US Airlines Suffer Heavy 3Q Losses360142004-10-20Printer Friendly Page Send this Story to a Friend
· China 2005 Oil Demand Growth To Hit 11% -PFC Energy2105452004-10-20Printer Friendly Page Send this Story to a Friend
· Ford touts cleanest internal combustion engine481112004-10-20Printer Friendly Page Send this Story to a Friend
· Newzealand Green Party Speaks Out366702004-10-20Printer Friendly Page Send this Story to a Friend
· Prices Soar As Heating Oil Stocks Shrink Again469102004-10-20Printer Friendly Page Send this Story to a Friend
· US DOE Oil Data: API-DOE Comparison For Wk Ended Oct 15480502004-10-20Printer Friendly Page Send this Story to a Friend
· Most corruption in oil countries050352004-10-20Printer Friendly Page Send this Story to a Friend
· Decline in oil prices just fleeting trend, experts say473802004-10-20Printer Friendly Page Send this Story to a Friend
· Saudi Arabia Becomes Top US Crude Oil Supplier In August067702004-10-20Printer Friendly Page Send this Story to a Friend
· Shippers of crude pay dearly375402004-10-20Printer Friendly Page Send this Story to a Friend
· Plan B: What Happens After Peak Oil?3100852004-10-20Printer Friendly Page Send this Story to a Friend
· PO = Y2k? We 've heard it all before270002004-10-20Printer Friendly Page Send this Story to a Friend
· Russian Oil Output Seen Slowing080342004-10-19Printer Friendly Page Send this Story to a Friend
· IHS's 10 year Petroleum trends 1994-2003498152004-10-19Printer Friendly Page Send this Story to a Friend
· Analysts Expect Oil Prices to Keep Rising589502004-10-19Printer Friendly Page Send this Story to a Friend
· Is Oil Heading For $100?266002004-10-19Printer Friendly Page Send this Story to a Friend
· Why the price of oil is so high160102004-10-19Printer Friendly Page Send this Story to a Friend
· Car buyers still shun fuel efficiency473652004-10-19Printer Friendly Page Send this Story to a Friend
· @ Peakoil.com: Beyond the limits of fossile energy389942004-10-19Printer Friendly Page Send this Story to a Friend
· Andrew McKillop: Lifestyle change at 55?385942004-10-19Printer Friendly Page Send this Story to a Friend
· Trouble in the World's Largest Oil Field-Ghawar (Postscript)2103902004-10-19Printer Friendly Page Send this Story to a Friend
· Oil Shortages And Oil Prices What Should We Do?179112004-10-19Printer Friendly Page Send this Story to a Friend
· Greenspan's 2010 Space Odyssey With Oil Futures463102004-10-18Printer Friendly Page Send this Story to a Friend
· China's Quest for Oil256002004-10-18Printer Friendly Page Send this Story to a Friend
· Blast from the past - Cato says $30/bbl unlikely194802004-10-18Printer Friendly Page Send this Story to a Friend
· Oil prices 'could hit $60'362252004-10-18Printer Friendly Page Send this Story to a Friend
· Searching for Factors Behind Oil's Steep Rise