unknown

The peak of world oil production, in itself, could be a non-event. It is not so much the peak of production that we should be concerned with as the decline of production following the peak.

Article depicts the situation of Russian oilfields being auctioned off to the oil companies and coming online. It explains why Russian goverments keeps the size of its petroleum reserves secret, why the Eastern Siberia oilfields will not save the world from the lack of oil, and why the Eastern Pipeline being built to supply the countries of East Asia with Russian oil will never be filled.

I would venture to speculate that the coming together of the strongest armada in history has more to do with oil and natural gas and nothing to do with Taiwan.

Michael C. Lynch, the most vocal critic of Colin Campbell and other oil depletion ‘pessimists,’ tries to point out that within this debate we are dealing with a lot of assumptions and many unknowns.

The abiotic origin of oil, is a theory that has yet to see conclusive evidence. It’s known better for it’s lack of evidence against, than evidence for.

A report from a conference of the Danish Board of Techology on the impact of peak oil (PDF format).