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Tag Archives: peak oil
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 […]
Falling Interest Rates Have Postponed “Peak Oil”
Falling Interest Rates Have Postponed “Peak Oil” Falling interest rates have huge power. My background is as an actuary, so I am very much aware of the great power of interest rates. But a lot of people are not aware of this power, including, I suspect, some of the people making today’s decisions to raise interest […]
James Howard Kunstler: The World’s Greatest Misallocation Of Resources
James Howard Kunstler: The World’s Greatest Misallocation Of Resources And why we appear poised to repeat it James Howard Kunstler returns to the podcast this week, observing that despite the baton being handed to a new American president, the massive predicaments we face as a society remain the same. And it seems the incoming administration […]
Peak Oil & System Justification: “Threatening” Status Quo
Peak Oil & System Justification: “Threatening” Status Quo It’s a lot easier to seek confirmation than information. So not only does the online world provide less information, it provides more spin and distortion of that information from an online empire of advocates that enables us as never before to find the voices we agree with, and […]
Thermodynamic Oil Collapse Interview: Why The Global Economy Will Disintegrate Rapidly
Thermodynamic Oil Collapse Interview: Why The Global Economy Will Disintegrate Rapidly The world is heading towards a rapid disintegration of its economic and financial system due to a “Thermodynamic oil collapse.” I spoke with Dr. Louis Arnoux of nGeni, about the details of the thermodynamics of oil depletion and its impact on the global economy. Unfortunately, […]
Peak Oil & System Justification: Avoidance
Peak Oil & System Justification: Avoidance The researchers found that being intolerant of ambiguity is associated with such conservative characteristics as unwavering certainty and strong loyalty to particular people and positions. Conservatives don’t feel the need to jump through complex, intellectual hoops in order to understand or justify some of their positions. They are more comfortable […]
Peak Oil; Climate Change; & System Justification Pt 10
Peak Oil; Climate Change; & System Justification Pt 10 Shaping our identity in large part by the groups we align ourselves with for emotional, psychological, cultural, and political reasons are powerful anchors—individually and collectively. All of us are much more inclined to seek out information and assurances which bolster who we believe ourselves to be […]
