The Peak Oil story we have been told is wrong. The collapse in oil production comes from oil prices that are too low, not too high.
Articles: peak oil (273)
Whatever happened to “peak oil” – the assertion that the rate at which oil is extracted from the Earth is nearing a maximum or peak level?
While the attention of the world is on the refugee crisis we need to look at the causes of this mass exodus.
Over the past ten years, it has taken us trillions of dollars, basically, to keep us on an undulating plateau in actual crude oil production. What happens going forward?
Peak Oil Ass-Backwards: Crashing Oil Prices Aren't Due to an Oil Glut But to Demand Destruction and Peaking Credit
Since money is a proxy for energy, energy's limits are putting a damper on credit creation. Could this be the cause for plunging stock markets and oil prices?
The convention says that the supply constraints of peak oil lead to an increase in oil prices. But when you factor in fractional-reserve banking, does this not instead imply a decrease in prices?
If prices stay low for the next three years, the global oil industry and the countries it finances will be out $4.4 trillion in revenues.
Energy is often called the ‘lifeblood’ of civilisation, yet the overconsumption of fossil energy lies at the heart of two of the greatest challenges facing humanity today: climate change and peak oil.
A recent crowdfunding campaign to bail out Greece does little more than obfuscate the role that energy shortages play in Greece’s systemic collapse.
Of Asia’s total incremental oil imports since 2001, 4.5 mb/d (47%) have come from production growth, 3.9 mb/d (41%) from taking away imports of other countries (US, Europe, Africa and others) and 1.2 mb/d (12%) from direct consumption decline (US, Europe and others).