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Tag Archives: peak oil
Where actually is that much-hyped global oil glut?
Where actually is that much-hyped global oil glut? The media is full with news that there is a global oil glut. There are now more than 3bn barrels of excess oil in the world 13/11/2015 http://www.telegraph.co.uk/finance/oilprices/11993687/There-are-now-more-than-3bn-barrels-of-excess-oil-in-the-world.html Record oil glut stands at 3bn barrels 13/11/2015 http://www.bbc.com/news/business-34808487 It was parroted by the Australian public broadcaster ABC TV, […]
The Crude Oil Export Ban–What, Me Worry About Peak Oil?
The Crude Oil Export Ban–What, Me Worry About Peak Oil? Congress ended the U.S. crude oil export ban last week. There is apparently no longer a strategic reason to conserve oil because shale production has made American great again. At least, that’s narrative that reality-averse politicians and their bases prefer. The 1975 Energy Policy and Conservation Act (EPCA) that […]
We are at Peak Oil now; we need very low-cost energy to fix it
We are at Peak Oil now; we need very low-cost energy to fix it This past week, I gave a presentation to a group interested in a particular type of renewable energy–solar energy that is deployed in space, so it would provide electricity 24 hours per day. Their question was: how low does the production cost […]
Report: Eagle Ford Shale Has Peaked, Lifting of Oil Export Ban Could Drain Field More Quickly
Report: Eagle Ford Shale Has Peaked, Lifting of Oil Export Ban Could Drain Field More Quickly A new report published by the Post Carbon Institute concludes that Texas’ Eagle Ford Shale basin, the most prolific shale oil basin in the U.S., has peaked and reached terminal decline status. The Post Carbon report dropped just as Congress is on the […]
Peak Oil: Imagine
Peak Oil: Imagine Imagine what would happen if citizens took a moment or two to ponder the implications of the nonsense peddled to them daily by those public voices having decidedly different priorities than the public’s continued well-being…. Thanks to investment into supercomputers, robotics and the use of chemicals to extract […]
Egypt update: net oil importer and chokepoints
Egypt update: net oil importer and chokepoints Oil production and consumption Fig 1: Oil production vs consumption After a post-peak decline production has stabilized but consumption has increased relentlessly at a long-term 1.7% pa, slightly below population growth of around 2% pa. Egypt is now a net oil importer. On these trends, the gap between […]
Peak Oil: Right Again [Pt 2]
Peak Oil: Right Again [Pt 2] We continue with an examination of the statements offered in a recent example of cherry-picked nonsense, an article entitled: “Earth Is An Oil-Producing Machine — We’re Not Running Out.” The fine art of misleading the uninformed…. Delighted with the discovery that “Earth is actually an oil-producing […]
Collaboration and changing beliefs are two keys for a degrowth economy
Collaboration and changing beliefs are two keys for a degrowth economy Brazil is an amazing country, full of natural richness and blessed with many beauties. It has, however, a terrible sin on his shoulders: the thought that everything has to be done in a different, shorter, and faster way – in a way that takes […]
Despite Cheap Gas, Coming Back to Peak Oil [Infographic]
Despite Cheap Gas, Coming Back to Peak Oil [Infographic] Yesterday, in Virginia, I filled up my gas tank for $2.75 a gallon. At that price, even old peak oilers like my wife and I hardly think about poor old King Hubbard’s theory much these days. And though gas has been cheap in the U.S. for […]
Right Again, Pt. 1
Right Again, Pt. 1 Human nature being what it is, predictably there are those who still harbor doubts about certain issues pertaining to current and future fossil fuel supplies. There is, however, no doubt that there’s an over-abundance of juvenile, fact-free nonsense passing as gospel truth from industry cheerleaders and media counterparts. To whose benefit […]
Absolutely Right
Absolutely Right Good to see that even after months on hiatus, not much changes on the Right, right? First up: The shale revolution has opened additional centuries of low-cost hydrocarbon resources to modern society…. The anti-fossil fuel environmental movement is in despair. For decades, proponents of the ideology of sustainable development preached that humanity was […]
