Tag Archives: iran

MENA War Fever and the Iraq Oil Price Spike

Sunni terrorists active in Sunni-majority regions therefore only have a potential spoiler role in the absence of airborne and long-distance surface attack on oil production infrastructures, for example by making pipeline and refinery attacks. Continue reading

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Blowout week 24

“The usual western media branding of “terrorism” or “sectarian violence” no longer applies to the actions of ISIL in Iraq. A force capable of withstanding and win an urban battle in a city of over 1 million inhabitants is not a terrorist group, not even a guerilla, it is an army, fighting a conventional war.” Luis de Sousa Continue reading

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Blowout week 21

Gazprom’s chairman has describing Europe’s energy shortage as “scary” and ridiculed the EU’s push for wind and solar power as a shambles. Continue reading

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OPEC crude oil production capacity

OPEC crude oil production spare capacity stood at just over 5 million barrels per day (Mbpd) in December 2013 according to the International Energy Agency (IEA). OPEC total production capacity stands at 35 Mbpd, a plateau level first reached in 2009. Continue reading

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OPEC oil production update July 2013

OPEC production has been bumping along a plateau of around 35 million bpd since 2005, that is despite prolonged record high oil prices. Continue reading

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Blowout week 48

This week in Blowout: UK: The argument over high energy prices rumbles on. The government contemplates reducing support for energy efficiency targets – which in my opinion seems to be the exact wrong course to take. Oil companies contemplate delaying … Continue reading

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