Building a world of
resilient communities.



Peak oil - Feb 13

Click on the headline (link) for the full text.

Many more articles are available through the Energy Bulletin homepage

New German-language peak oil-aware newsletter now online

Dr. Steffen Bukold, EnergyComment
New and free professional newsletter on oil markets and oil politics

Hamburg-based EnergyComment announces its new professional and free newsletter "Global Oil Briefing" covering peakoil-related items, recent developments in oil markets and oil politics. It is published every twice a month and can be downloaded from the website You may also choose to be notified of new editions by email. In its current edition it covers inter alia the crisis of the Canadian oilsands industry and the trends in oil demand. It is currently available in German only, but an English version is to follow soon.
(11 February 2009)
The 23-page German-language newsletter is online at .
More material is available on the Energy Comment site.

According to the About Us page, the group is independent and unconnected to any special interest. The founder and leader is Dr. Steffen Bukold.

Dr. Bukold's two volume work is being published in 2009: Öl im 21. Jahrhundert

UPDATE (Feb 18)
The English translation of the newsletter is now available on the website.

U. S. refinery delays may spur supply crunch

Rebekah Kebede, Reuters via Calgary Herald
The stage is being set for a fuel supply crunch in the United States once the economy rebounds now that refiners have pushed back more than $10 billion worth of upgrades they had on the drawing board.

Pressured by the oil price collapse and the economic malaise, companies have also either slowed or scrapped expansions which could threaten 340,000 barrels per day of new capacity, spelling a return to lagging processing capability that helped push pump prices higher until last year.
(13 February 2009)

Mechanics of Future Oil Price Volatility (A Flubber Cobweb)

Jeff Vail, The Oil Drum
I previously examined the interface between peaking oil supplies and oil price volatility as a predator-prey system. With the rapid drop in oil prices, it’s time to add another wrinkle to that story: widespread acceptance (psychosis?) about the stability of high oil prices acted as a damper on oil price volatility. Now that a collapse in oil prices is more than a mere theory, oil markets are poised for a long-term increase in price volatility.

The fundamental problem facing oil markets at present it this: while present supplies are sufficient to meet present weak demand, these sources of production face rapid decline. The current low oil prices are not sufficient to support the long term investment in future supplies, conservation, and consumption efficiency that will be necessary to mitigate the impact of this decline. Because of the time-lag between a sufficient price signal and oil reaching the market (or demand being reduced), and because of the impact of the recent price collapse on producer psychology, volatility will rapidly incrase as the market's price signal must make increasingly exaggerated moves to bring supply and demand into equillibrium.
(5 February 2009)

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.


This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.

An Industrial Strategy for Energy

What’s also clear is that while nuclear power is tending to get more …

South Australia’s Electricity Price Woes are more Due to Gas than Wind

The past few weeks have seen extraordinarily high wholesale electricity …

Former Inspectors Describe Dangerous Flaws in Construction of Major East Coast Gas Pipeline

In April, a massive explosion ripped through rural Salem Township, …

Northwest Tribes Band Together to Stop Oil-by-Rail

There’s no such thing as a good place for an oil-train derailment, but …

The Role of Development Banks in Energy Transition  

Multilateral Development Banks (MDBs) like the World Bank, the African …

Peak Oil Review - July 18 2016

 A weekly roundup of peak oil news, including: -Oil and the global …

M. King Hubbert and the future of peak oil

A new biography reveals the man most associated with the idea of peak oil to …