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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 2007

ArticlescommentsreadsScoreDateActions
· Crude Oil Reaches Record $95.80 on Decline in U.S. Stockpiles051402007-10-31Printer Friendly Page Send this Story to a Friend
· The Peak Oil Crisis: After The Peak?086552007-10-31Printer Friendly Page Send this Story to a Friend
· Peak oil: More than cars054512007-10-31Printer Friendly Page Send this Story to a Friend
· Bleak News from the Oil Zone073152007-10-31Printer Friendly Page Send this Story to a Friend
· Higher Oil Prices Blamed on Peaking Production049652007-10-31Printer Friendly Page Send this Story to a Friend
· IEA says oil prices will stay 'very high,' threatening global growth063452007-10-31Printer Friendly Page Send this Story to a Friend
· Horizon oilsands project forecast to go $1-billion over budget042902007-10-31Printer Friendly Page Send this Story to a Friend
· ASPO-China is formed038602007-10-31Printer Friendly Page Send this Story to a Friend
· Petrobras caught short on gas supplies036302007-10-31Printer Friendly Page Send this Story to a Friend
· Could a Melting Ice Sheet Really Raise the Oceans 23 Feet?484602007-10-31Printer Friendly Page Send this Story to a Friend
· Oil price at record $94 a barrel058452007-10-31Printer Friendly Page Send this Story to a Friend
· Oil Prices and the Inevitability of Striking Iran184212007-10-31Printer Friendly Page Send this Story to a Friend
· Lomborg: Hotter weather, fewer deaths261212007-10-31Printer Friendly Page Send this Story to a Friend
· ‘It’s Not a Silver Bullet’043102007-10-31Printer Friendly Page Send this Story to a Friend
· Emirates get an early whiff of a Western bugbear - energy shortage054552007-10-31Printer Friendly Page Send this Story to a Friend
· Burning the poor049702007-10-31Printer Friendly Page Send this Story to a Friend
· Canada: 'Significant downturn' seen for West's rigs043052007-10-31Printer Friendly Page Send this Story to a Friend
· Get used to $100 oil, OPEC warns064932007-10-31Printer Friendly Page Send this Story to a Friend
· Oil reserves over-inflated by 300bn barrels – al-Huseini078052007-10-31Printer Friendly Page Send this Story to a Friend
· Diesel fuel supply low in Jamestown051502007-10-31Printer Friendly Page Send this Story to a Friend
· Tokyo Electric Predicts 1st Loss in 28 Years on Costs035942007-10-31Printer Friendly Page Send this Story to a Friend
· Is Hydrogen the Answer to Our Future Transport Needs?044532007-10-31Printer Friendly Page Send this Story to a Friend
· The new math of oil051802007-10-31Printer Friendly Page Send this Story to a Friend
· Diesel Shortage Strains Ties in Bolivia15679702007-10-31Printer Friendly Page Send this Story to a Friend
· The Oil Drum: Are We in a Speculative Bubble with Regard to Oil Prices?063802007-10-31Printer Friendly Page Send this Story to a Friend
· Warning: Sentiment Grows in Oil-Hungry U.S. for Extended Middle East Presence047202007-10-31Printer Friendly Page Send this Story to a Friend
· $100/barrel For Oil Is Not a Stopping Point058502007-10-31Printer Friendly Page Send this Story to a Friend
· UK: Explosion reports at oil refinery037702007-10-31Printer Friendly Page Send this Story to a Friend
· China fuel crisis spreads056902007-10-31Printer Friendly Page Send this Story to a Friend
· Iraqis say ready to take control of oil terminals036202007-10-31Printer Friendly Page Send this Story to a Friend
· Government 'puts the economy before the environment' with transport plan032002007-10-31Printer Friendly Page Send this Story to a Friend
· Hello, I’m your personal travel adviser. Can I persuade you to get on your bike?045102007-10-31Printer Friendly Page Send this Story to a Friend
· Ł1 a litre is now normal at the pumps036002007-10-31Printer Friendly Page Send this Story to a Friend
· UK invites private funding for 'green' transport033002007-10-31Printer Friendly Page Send this Story to a Friend
· Peak oil: How serious is it?075342007-10-31Printer Friendly Page Send this Story to a Friend
· World's growing dependence on coal leaving a trail of environmental devastation037902007-10-31Printer Friendly Page Send this Story to a Friend
· How to Build a Local Energy Economy044022007-10-31Printer Friendly Page Send this Story to a Friend
· Nuclear Renaissance In Russia?039302007-10-31Printer Friendly Page Send this Story to a Friend
· Uganda: Oil - Americans Are Coming - And What Next?044602007-10-31Printer Friendly Page Send this Story to a Friend
· PetroVietnam to buy oil fields abroad035202007-10-31Printer Friendly Page Send this Story to a Friend
· Why the Economy Can Withstand $100 Oil045802007-10-31Printer Friendly Page Send this Story to a Friend
· Schlumberger sees oil services cost inflation easing037602007-10-31Printer Friendly Page Send this Story to a Friend
· East Siberia oil growth uncertain - TNK-BP CEO032802007-10-31Printer Friendly Page Send this Story to a Friend
· Oil: No longer a heavyweight052702007-10-30Printer Friendly Page Send this Story to a Friend
· UK: Rising fear of energy crisis this winter043402007-10-30Printer Friendly Page Send this Story to a Friend
· Transport growth will not increase emissions, government claims035102007-10-30Printer Friendly Page Send this Story to a Friend
· World oil output struggling, say Arab experts091752007-10-30Printer Friendly Page Send this Story to a Friend
· Recession risk rises with record oil061342007-10-30Printer Friendly Page Send this Story to a Friend
· Gas emissions must be measured, professor says041702007-10-30Printer Friendly Page Send this Story to a Friend
· Rising temperatures will drive up sickness041602007-10-30Printer Friendly Page Send this Story to a Friend
· Australia: Poor outlook for grain stokes fight over biofuels042502007-10-30Printer Friendly Page Send this Story to a Friend
· A 'vampire' invades homes this Halloween: energy-sucking 'standby mode'050802007-10-30Printer Friendly Page Send this Story to a Friend
· Candidates' zeal for ethanol might ring true if it made a grain of sense040302007-10-30Printer Friendly Page Send this Story to a Friend
· Food or fuel? New technology offers both045502007-10-30Printer Friendly Page Send this Story to a Friend
· Mud, sweat and tears057102007-10-30Printer Friendly Page Send this Story to a Friend
· China top refinery cuts output despite shortages039802007-10-30Printer Friendly Page Send this Story to a Friend
· Syria: $1.5 bln agreement with Iran and Venezuela to build oil refinery037302007-10-30Printer Friendly Page Send this Story to a Friend
· Global warming opens Arctic seabed to the search for oil and gas038002007-10-30Printer Friendly Page Send this Story to a Friend
· US Auto Industry Faces Growing Headwind From High Oil Prices050602007-10-30Printer Friendly Page Send this Story to a Friend
· Repeat of 1970s oil crisis not expected048702007-10-30Printer Friendly Page Send this Story to a Friend
· Reliance signs northern Iraq oil contract - source038102007-10-30Printer Friendly Page Send this Story to a Friend
· Barzani ignores Turkey's PKK orders035002007-10-30Printer Friendly Page Send this Story to a Friend
· UK Interview with Chairman of Shell UK042502007-10-30Printer Friendly Page Send this Story to a Friend
· Will US Withdraw From Iraq And What Would Be The Consequences?040502007-10-30Printer Friendly Page Send this Story to a Friend
· Oil production has peaked, prices to soar - Sadad al-Huseini075152007-10-30Printer Friendly Page Send this Story to a Friend
· Dollar losing currency among Opec nations046302007-10-30Printer Friendly Page Send this Story to a Friend
· A Dose of Reality for NPC’s EOR Projection034302007-10-30Printer Friendly Page Send this Story to a Friend
· The Music of the Gears031702007-10-30Printer Friendly Page Send this Story to a Friend
· Yergin: Oil Prices Becoming Decoupled143412007-10-30Printer Friendly Page Send this Story to a Friend
· Please don't blame us for $93 oil: OPEC035602007-10-30Printer Friendly Page Send this Story to a Friend
· Indonesia - Politics of the oil subsidy: Who benefits?039102007-10-30Printer Friendly Page Send this Story to a Friend
· Report: Cambodia vulnerable to rising oil prices038102007-10-30Printer Friendly Page Send this Story to a Friend
· Africa: High Oil Prices Bad040102007-10-30Printer Friendly Page Send this Story to a Friend
· Developing Countries Poised to Lead the Biofuel Market036602007-10-30Printer Friendly Page Send this Story to a Friend
· Inflation 'on the rise' in Middle East, central Asia oil exporters - IMF037102007-10-30Printer Friendly Page Send this Story to a Friend
· No real alternative to oil: Rise in demand seems unavoidable047252007-10-30Printer Friendly Page Send this Story to a Friend
· Oil sands seen as 'threat No. 1,' as U.S. may target dirtier fuels044002007-10-30Printer Friendly Page Send this Story to a Friend
· Something's Got to Give079152007-10-29Printer Friendly Page Send this Story to a Friend
· National Academy of Science Panel urges Bush to drop nuke waste plan050552007-10-29Printer Friendly Page Send this Story to a Friend
· Australian Drought Hits Farmers Hard046702007-10-29Printer Friendly Page Send this Story to a Friend
· Pollution blamed as China confronts surge in number of deformed babies255502007-10-29Printer Friendly Page Send this Story to a Friend
· US Survey Ties Biofuels to High Food Costs, Hunger036952007-10-29Printer Friendly Page Send this Story to a Friend
· Costly oil pushes gasoline to 14-month high038702007-10-29Printer Friendly Page Send this Story to a Friend
· Oil nears $100 mark as crude reaches yet another record041302007-10-29Printer Friendly Page Send this Story to a Friend
· Mideast oil and Chinese arms039502007-10-29Printer Friendly Page Send this Story to a Friend
· Global gas consumption has doubled since 1990046002007-10-29Printer Friendly Page Send this Story to a Friend
· Options could help drive crude oil to $100043802007-10-29Printer Friendly Page Send this Story to a Friend
· Battery leases make comeback; electric car conspiracy fans take note060302007-10-29Printer Friendly Page Send this Story to a Friend
· Oil barons turn to hi-tech solutions043112007-10-29Printer Friendly Page Send this Story to a Friend
· Connecticut Legislative Caucus Holds Peak Oil Hearings045502007-10-29Printer Friendly Page Send this Story to a Friend
· Crude Oil Climbs to Record $93.80 as Mexico Cuts Gulf Output049002007-10-29Printer Friendly Page Send this Story to a Friend
· N.Y. Natural Gas Rises as Crude Climbs to Record $93 a Barrel042402007-10-29Printer Friendly Page Send this Story to a Friend
· Past the threshold for dangerous warming045252007-10-29Printer Friendly Page Send this Story to a Friend
· Solving ‘Fission Impossible’05434.52007-10-29Printer Friendly Page Send this Story to a Friend
· Climate change cannot be bargained with045202007-10-29Printer Friendly Page Send this Story to a Friend
· Little Green Lies051652007-10-29Printer Friendly Page Send this Story to a Friend
· UK: Energy questions that will need to be answered041202007-10-29Printer Friendly Page Send this Story to a Friend
· Iran adapts to growing economic pressure034902007-10-29Printer Friendly Page Send this Story to a Friend
· ABCs of terms used in crude oil industry036702007-10-29Printer Friendly Page Send this Story to a Friend
· South Africa: Power Cuts Lead to Sewage Spills036902007-10-29Printer Friendly Page Send this Story to a Friend
· Respected scientist sees 6 billion perishing071552007-10-29Printer Friendly Page Send this Story to a Friend
· Canada's Dollar Rises to Highest Since 1960 on Record Oil Price045632007-10-29Printer Friendly Page Send this Story to a Friend
· Corn Rises as Record Oil Prices Boost Demand for Ethanol033902007-10-29Printer Friendly Page Send this Story to a Friend
· Kunstler: Assumptions062852007-10-29Printer Friendly Page Send this Story to a Friend
· 'Golden age' of oil refining margins to end041602007-10-29Printer Friendly Page Send this Story to a Friend
· Supreme Court to review Exxon Valdez damages034902007-10-29Printer Friendly Page Send this Story to a Friend
· PetroChina to Raise $8.9 Billion in China Share Sale034852007-10-29Printer Friendly Page Send this Story to a Friend
· Tokyo Electric to Pay Record Price for Fuel Oil From Nippon Oil037602007-10-29Printer Friendly Page Send this Story to a Friend
· The Oil Drum: A Simple and Free Presentation on the Situation We Face058302007-10-29Printer Friendly Page Send this Story to a Friend
· Deffeyes: Feedback Loops069752007-10-29Printer Friendly Page Send this Story to a Friend
· Japanese pay for Iran oil in yen048102007-10-29Printer Friendly Page Send this Story to a Friend
· ''Record Oil Prices and Washington's Desire for Energy Independence''042402007-10-29Printer Friendly Page Send this Story to a Friend
· China diesel squeeze persists as oil tops $93037202007-10-29Printer Friendly Page Send this Story to a Friend
· Gazprom eyes new projects in Venezuela036502007-10-29Printer Friendly Page Send this Story to a Friend
· Turkey Considers `All Options' on PKK, Minister Says031702007-10-29Printer Friendly Page Send this Story to a Friend
· The Last Days of the PetroDollar057252007-10-29Printer Friendly Page Send this Story to a Friend
· The era of cheap food is over044202007-10-29Printer Friendly Page Send this Story to a Friend
· Gold targets $800/oz as $100 oil beckons035702007-10-29Printer Friendly Page Send this Story to a Friend
· Peak Oil And Famine: Four Billion Deaths054102007-10-29Printer Friendly Page Send this Story to a Friend
· China's oil production to peak in 2015 - report035902007-10-29Printer Friendly Page Send this Story to a Friend
· Strategic Implications of the Surge in Oil Prices033502007-10-29Printer Friendly Page Send this Story to a Friend
· Egypt announces nuclear plant projects031302007-10-29Printer Friendly Page Send this Story to a Friend
· No Blood for No Oil043202007-10-29Printer Friendly Page Send this Story to a Friend
· Singapore To Build World's Largest Solar Energy Plant046302007-10-29Printer Friendly Page Send this Story to a Friend
· Thai villagers prefer energy-efficient policies036002007-10-29Printer Friendly Page Send this Story to a Friend
· Middle East can leave oily old cycle in the past041002007-10-29Printer Friendly Page Send this Story to a Friend
· Avoided deforestation beats timber, palm oil, in tax revenue for Indonesia037102007-10-29Printer Friendly Page Send this Story to a Friend
· Rising Oil Prices Slowing Korea's Economic Growth036002007-10-29Printer Friendly Page Send this Story to a Friend
· China: Old oil in marine facies provide energy052102007-10-29Printer Friendly Page Send this Story to a Friend
· Could Crude Oil $100 Cause the Next Credit Crunch?045102007-10-29Printer Friendly Page Send this Story to a Friend
· Phillippines: 170 scientists urge halt to oil exploration040202007-10-29Printer Friendly Page Send this Story to a Friend
· Crude oil price likely to hit peak152002007-10-29Printer Friendly Page Send this Story to a Friend
· New Zealand's oil rush05963.52007-10-29Printer Friendly Page Send this Story to a Friend
· A royal guest to be proud of?047002007-10-29Printer Friendly Page Send this Story to a Friend
· Mexico shutting 600,000 bpd oil output due cold front047142007-10-29Printer Friendly Page Send this Story to a Friend
· For oil producers, energy security rises up the political agenda035802007-10-28Printer Friendly Page Send this Story to a Friend
· Iran Adapts to Economic Pressure036302007-10-28Printer Friendly Page Send this Story to a Friend
· Crude Oil Rises to Record on Turkey-Iraq Tensions, Nigeria041302007-10-28