Dave Summers

Latest articles from Dave

• Don’t Expect Low Oil Prices To Last For Long

  Published 16 December 2014 | viewed 30,533 times

  When I last wrote about the global supply of oil, it was back in October, as the fall in oil prices was developing. Since then…

• Global Oil Surplus To Disappear Gradually Next Year

  Published 16 October 2014 | viewed 13,471 times

  The oil markets are concerned that there is too much oil currently available on the market, and that, as a consequence, oil prices may continue…

• The Differences In Fracking Tight Sand And Shales

  Published 06 August 2014 | viewed 33,209 times

  The recent news that Saudi Arabia has not found natural gas to be as available as it had thought from its shale deposits, and is…

• Things Continue To Get Worse

  Published 22 July 2014 | viewed 6,198 times

  It is difficult to see any positive interpretation of the changes and conflicts that are increasingly filling the headlines of the press. Fluctuating optimism over…

• Oil Production Numbers Keep Going Down

  Published 05 July 2014 | viewed 21,273 times

  One problem with defining a peak in global oil production is that it is only really evident sometime after the event, when one can look…

• More on Iraq – The Baiji Refinery

  Published 23 June 2014 | viewed 9,874 times

  A single picture is sufficient to tell the story of the fate of the Baiji Refinery in Iraq. Recently reached by the ISIS forces, it…

• China, Russia and East Siberian Natural Gas

  Published 31 May 2014 | viewed 22,230 times

  The recent agreement between Russia and China for the sale of some 38 billion cu m of natural gas a year for 30 years, at…

• Fast Destruction and Slow Reconstruction

  Published 10 May 2014 | viewed 5,250 times

  Underlying many of the projections of future energy supply that are now being made there are, as mentioned earlier, a lot of assumptions that are…

• Why Coal will Remain the Basis of Electricity Generation for Most of the World

  Published 29 January 2014 | viewed 13,047 times

  As the President moves further into his second term, he appears to be growing more willing to tackle the concerns that his supporters have over…

• Why are Gas Prices Falling, and How Long will the Trend Last?

  Published 04 December 2013 | viewed 21,270 times

  Filling up at the local gas station yesterday I noted that prices are still below $3.00 a gallon, though at $2.99 only just below. Going…

• The Declining State of the UK Energy Sector

  Published 21 October 2013 | viewed 5,203 times

  Today the British Government are announcing the construction of the first new nuclear-powered electricity generating station in 20-years. The new plant, which will replace plants…

• Iranian Crude may be Vital as Global Producers Fail to Meet Targets

  Published 03 October 2013 | viewed 22,170 times

  There has been considerable comment this week over the telephone call between President Obama and the President Rouhani of Iran. Certainly the election of a…

• Drilling for Oil in 2013 – Where are the Hotspots

  Published 20 August 2013 | viewed 20,631 times

  The news that Saudi Arabia is planning to employ 200 drilling rigs next year (up from 20 back in 2005) suggests that there is a…

• Looking at the Hyperloop and its Predecessors

  Published 15 August 2013 | viewed 8,656 times

  There has been considerable fanfare this week over the Hyperloop idea, put forward by Elon Musk. In this concept, which was, in this case developed…

• Shale Gas: Why Reality has not Lived Up to the Dream

  Published 05 August 2013 | viewed 33,372 times

  The development of the shale gas deposits in the United States, led by the drilling and fracking of horizontal wells into the Barnett Shale of…

• Egypt’s New Government Works to Improve Supplies of Oil and Bread

  Published 01 August 2013 | viewed 7,264 times

  The turmoil in the Middle East shows little sign of ending in the near future, and the potential lack of enough cheap fuel for the…

• Instability in the Middle East Makes Accurate Oil Market Predictions Impossible

  Published 22 June 2013 | viewed 9,196 times

  The continuing conflict in Syria, and the slow spread of violence in the region around it, continue to make it difficult to make accurate predictions…

• Liquid Fuel Consumption is Unlikely to Fall While it is Still Subsidised

  Published 15 June 2013 | viewed 12,040 times

  The EIA has noted, in This Week in Petroleum that, for the first time, the sum of Non-OECD country demand contributed more than half to…

• Is Iraq Capable of Becoming the Largest Oil Producer in the World

  Published 01 June 2013 | viewed 14,318 times

  There is often quite a debate in the Peak Oil community over the difference between a reserve and a resource. Simplistically a resource is the…

• Long Term Market Forecasts Becoming Ever More Unreliable

  Published 18 May 2013 | viewed 11,845 times

  News of the future was, in my youth, something that one found by crossing the palm of a lady in a dark tent with a…