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Tag Archives: peak oil
Art Berman: Think Oil Is Getting Expensive? You Ain’t Seen Nothing Yet.
Art Berman: Think Oil Is Getting Expensive? You Ain’t Seen Nothing Yet. A global supply crunch approaches… After issuing clear warnings on this program that sub-$50 oil prices were going to be short-lived, oil expert and geological consultant Art Berman returns to the podcast this week to explain why today’s $70 oil prices will go […]
Why the Standard Model of Future Energy Supply Doesn’t Work
Why the Standard Model of Future Energy Supply Doesn’t Work The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply is assumed to be determined by the resources in the ground and the technology available for […]
BIGGEST BREAKTHROUGH IN ENERGY: Investor Warning
BIGGEST BREAKTHROUGH IN ENERGY: Investor Warning As the U.S. and global oil industry continue to cannibalize itself just to stay alive, the market is totally clueless because investors are being misled by the fallacy that technology will solve our peak oil crisis. While technology has allowed more oil to make it to the market, it […]
Energy prospects: little to Smil about?
Energy prospects: little to Smil about? Last week saw much of Britain in the grip of uncharacteristic snowstorms and freezing temperatures. The picture shows the woods near my holding in their snowy raiment. I thought it would be crowded when I went walking there, because it’s usually a popular spot. But with the roads impassable, […]
Dr. Charles Hall: The Laws Of Nature Trump Economics
Dr. Charles Hall: The Laws Of Nature Trump Economics It’s all about Energy Retun On Energy Invested (EROEI) Dr. Charles Hall may not be a name you instantly recognize, but it should be. Now a Professor Emeritus of the College of Environmental Science and Forestry, Dr. Hall is a rigorous researcher of energy, oil, biophysical […]
New U.S. Record-Level Oil Production! Peak Oil Theory Disproven! Not.
New U.S. Record-Level Oil Production! Peak Oil Theory Disproven! Not. Well, I’m amazed and impressed. Tight oil production has pushed total United States petroleum output to more than 10 million barrels a day, a rate last seen almost a half-century ago. It’s a new U.S. record. Fifteen years ago I was traveling the world with […]
Don’t Confuse Peak Oil And The Peak Oil Debate
Don’t Confuse Peak Oil And The Peak Oil Debate In the past five years of writing about energy one of my favorite observations has been that people get into trouble because they “confuse Peak Oil and the Peak Oil Debate.” In other words, they confuse what Peak Oil IS and what Peak Oil MEANS. Because […]
Burn Out: The Endgame for Fossil Fuels. Dieter Helm.
Burn Out: The Endgame for Fossil Fuels. Dieter Helm. Book review Ironically, given its theme, as published early in 2017, “Burn Out: The Endgame for Fossil Fuels” shortly preceded the announcement made by President Trump of the withdrawal by the United States from the Paris Agreement on climate change, driven primarily by an aim […]
Is Peak Permian Only 3 Years Away?
Is Peak Permian Only 3 Years Away? The world’s hottest shale basin, the Permian, is leading the second U.S. wave of tight oil production growth and will continue to do so for years to come, all analysts say. However, signs have started to emerge that the relentless intensification of drilling leads to diminishing returns, Simon […]
Winter is Coming
Winter is Coming Fall has finally arrived. It’s November, well past the time of year when we normally see freezing temperatures. This year was unusually warm, a phrase that is beginning to lose its meaning since most years now are usually warm. The leaves on the trees are finally turning color. The nights are going […]
Norway Unfazed By Peak Oil Concerns
Norway Unfazed By Peak Oil Concerns When crude oil demand will peak is anyone’s guess. Forecasts vary widely. Wood Mackenzie says that peak demand is “very real,” and sees a decline of 4 million bpd between 2020 and 2035. Other majors including BP and Total SA see peak demand as coming between 2025 and 2040, as a result of […]
China’s economic boom is about to be cut short by peak oil, warns state-funded study
China’s economic boom is about to be cut short by peak oil, warns state-funded study A new scientific study led by the China University of Petroleum in Beijing, funded by the Chinese government, concludes that China is about to experience a peak in its total oil production as early as next year. Without finding an alternative […]
Peak oil in Latin America
Peak oil in Latin America This post is using mainly BP’s Statistical Review published in June 2017. Although these statistics put Mexico under North America, it is included here and added to South and Central America’s data at the end of this article. We start with 2 big oil suppliers: Brazil and Venezuela. Fig 1: […]
More Peak Shale: World’s Largest Miner Is Selling Its Shale Assets
More Peak Shale: World’s Largest Miner Is Selling Its Shale Assets Over the past several months, we have wondered if despite new all time high shale production, whether the US shale sector in the has peaked. Some of our recent thoughts can be found in the following articles: Why Some Hedge Funds Believe The Shale […]
