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Articles: global oil production (5)

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US Army colonel: world is sleepwalking to a global energy crisis

A conference sponsored by a US military official convened experts in Washington DC and London warning that continued dependence on fossil fuels puts the world at risk of an unprecedented energy crunch that could inflame financial crisis and exacerbate dangerous climate change.

Fears of global oil crisis aired at Transatlantic Energy Security Dialogue

On 10 December, Lt Col Davis and I convened video-linked gatherings in Washington and London of people who share our concerns about the risk of a global oil crisis.

Peak oil notes - Dec 5

A mid-week update. After falling steadily since the middle of September, New York oil futures rebounded this week by some $5 a barrel to close at $97.14 on Wednesday.

What if there is Peak Oil?

So here is the dirty little secret of our civilization: It runs...energy per unit time...In other words, having one billion dollars in your checking account does not help you with purchasing a Rolls Royce with cash if your daily withdrawal limit is 100 dollars.  

Commentary: Looking Back at Peak Oil

Peak Oil – the maximum sustainable rate of global oil production - happened in 2012. That’s one of the main conclusions of a new report, Fossil and Nuclear Fuels – The Supply Outlook, released in March 2013 by the Energy Watch Group (EWG). This event will have profound …

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