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Tag Archives: peak oil
Forget Peak Oil Demand, Supply Crisis Could be Hitting First
Forget Peak Oil Demand, Supply Crisis Could be Hitting First In today’s IEA’s annual World Energy Outlook 2020 report, the OECD energy watchdog states that it doesn’t see a peak oil demand before 2040, only a possible oil demand flattening. The energy agency repeats that oil demand is effected by COVID, but all scenarios show that oil […]
U.S. Oil Production Has Already Passed Its Peak, Occidental Says
U.S. Oil Production Has Already Passed Its Peak, Occidental Says America’s oil production will never again reach the record 13 million barrels a day set earlier this year, just before the pandemic devastated global demand, according to Occidental Petroleum Corp. “It’s just going to be too difficult to replace the 2 million barrels a day […]
Has oil peaked?
Has oil peaked? Last month, the world’s 4th largest oil company—BP—predicted that the world will never again consume as much petroleum as it did last year. So, have we finally hit peak oil? And if so, what does that mean for our economy and our world? There was fierce controversy in the first decade of this century […]
Welcome To Easter Island
Welcome To Easter Island We’re making the same mistakes with our essential resources Remember Easter Island? That place in the pages of National Geographic with the gigantic carved heads peeking up from grassy slopes? Whether you recall it or not, you live there — in a manner of speaking. Easter Island was colonized by the Rapanui, a […]
Analysis: World has already passed ‘peak oil’, BP figures reveal
Analysis: World has already passed ‘peak oil’, BP figures reveal The world has already passed “peak oil” demand, according to Carbon Brief analysis of the latest energy outlook from oil major BP. The 2020 edition of the annual outlook reveals – albeit indirectly – that global oil demand will not regain the levels seen last year. It adds that demand could […]
How much oil left in America? Not much
How much oil left in America? Not much Preface. If you think we have no worries because we can get arctic oil, think again. We can’t because icebergs mow drilling platforms down in the ocean. On land, massive amounts of expensive new drilling rigs, roads, rail lines, platforms, buildings and other infrastructure need to be built, […]
Maddow’s “Blowout”, Russian peak oil, corruption, fake news
Maddow’s “Blowout”, Russian peak oil, corruption, fake news Preface. Since this blog focuses on peak resources, I drastically rearranged my notes from this book in the order I found most interesting. I’m also interested in corruption, Putin, fake news, and more, as you’ll see below. Since the book is 405 pages, I’ve obviously left out […]
ASIA, AUSTRALIA, BP STATISTICAL REVIEW, SOUTH EAST ASIA, VIETNAM
Peak oil in Asia Update June 2020 (part 3) Fig 22: The peak of the largest producer China determined the Asian peak From the countries in Fig 22 the 3rd and 4th largest oil importers are Thailand and Indonesia with approximately 1 mb/d each. Fig 23: Thailand is the 3rd largest net importer in Asia […]
IT’S ALL DOWNHILL FROM HERE: U.S. Oil Production Peak Already In The Rear-view Mirror
IT’S ALL DOWNHILL FROM HERE: U.S. Oil Production Peak Already In The Rear-view Mirror It’s a shame that the drive for U.S Energy Independence only lasted for about a year. Even worse, U.S. Shale Oil Industry responsible for the country’s energy independence is now in serious trouble as the companies have cut drilling by 75% […]
Peak oil in Asia Update June 2020 (part 1)
Peak oil in Asia Update June 2020 (part 1) Fig 1: Asian oil consumption is around 5 times higher than production The production decline after the peak in 2015 is very modest. The size of the gap between consumption and production is mainly determined by consumption growth rather than by production decline. Will the Corona […]
Europe must prepare for life after oil
Europe must prepare for life after oil The COVID-19 pandemic is forcing us to leave the fossil fuel era behind. Europe needs to begin preparing for what comes next. Oil prices have crashed. The most visible cause has been the measures taken to contain the COVID-19 pandemic, which have triggered record lows in global oil […]
Nuclear waste will last a lot longer than climate change
Nuclear waste will last a lot longer than climate change Preface. One of the most tragic aspects of peak oil is that it is very unlikely once energy descent begins that oil will be expended to clean up our nuclear mess. Or before descent either. Anyone who survives peak fossil fuels and after that, rising […]
Impact of Corona Virus similar to some earlier peak oil scenarios
Impact of Corona Virus similar to some earlier peak oil scenarios Empty roads, grounded aircraft, falling tourist and international student numbers, plunging car sales, empty super market shelves, disrupted supply chains… Fig 1: Empty roads in Wuhan in February 2020 China Car Sales Slump 92% in First Half of February on Virus 21 Feb 2020 […]
