Building a world of
resilient communities.

MAIN LIST

 

The future of oil supply

Were they crying “Wolf”?
 
Concerns about “peak oil” have recurred repeatedly since the resource was first developed, but they reached an unprecedented height in 2007 just prior to the global economic recession. Since then public concern has diminished, partly as a result of shale oil production in the United States. Yet, despite these developments and globally rising reserves, oil prices have almost doubled since 2010 and have tripled in a decade. The ‘peak oil’ debate has not gone away - oil remains critically important, adequate substitutes have yet to be found and concerns about depletion persist.
 
This volume presents the best scientific evidence on why a decline in oil supply may, or may not, be in sight. It considers the production and resources of conventional oil and the potential for developing alternative liquid fuels from tar sands, shales, biomass, coal and gas. It describes how economies might react and adapt to rising oil prices and how the transport sector could be transformed. It provides comprehensive and interdisciplinary perspective on the ‘peak oil’ debate and reflects a range of views. Ultimately, it reminds us that the wolf did eventually appear - and that it would be wise to prepare.
 
Video interview with editors Steven Sorrel and Richard Miller
 
 

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.

Tags:  

Once Burned, Twice Shy? Utica Shale Touted to Investors As Shale Drillers Continue Posting Losses

For the past several weeks, the drilling industry — hammered by bad …

'Perfect Storm' Engulfing Canada's Economy Perfectly Predictable

Economists, an irrational tribe of short-sighted mathematicians, are now …

A Day of Tears: Report from the "sHell No!" Action in Portland, Oregon

This week, activists in Portland, Oregon, employed non-violent civil …

Peak Oil Review - Aug 3

A weekly review including: Oil and the Global Economy, The Middle East & …

Energy, the repressed: Paging Dr. Freud

Today, a new psychological repression hides in plain sight. It is the …

Evidence Released at TransCanada’s Keystone XL Permit Renewal Hearing Sheds Light On Serious Pipeline Risks

Just because TransCanada continually states that the Keystone XL pipeline …

Peak Oil Notes - July 30

Much of the news that will eventually move oil prices came on the …