Tag Archives: Hubbert

Hitting peak oil twice

Per this article from Zerohedge, it appears we ‘Muricans have done something that was previously thought impossible. We’ve peaked twice in oil production. US Oil production hit its first peak around 1970, when we were getting 10 million barrels a day of our beloved dead dinosaur juice out of the ground and ocean drilling platforms. […]

The US is NOT an oil exporting country

A recent Business Week article looked at the politics affecting the construction of the XL pipeline. If you’re joining late, this is the proposed pipeline that will carry Canadian oil from tar sands across the US to the Gulf of Mexico, ostensibly for refinement at refineries in Texas and Louisiana. Proponents tout cheaper gasoline and […]