A weekly review including Oil and the Global Economy, The Middle East & North Africa, Ukraine, Quote of the Week, The Briefs.
Articles: peak oil (209)
The International Energy Authority does does its best to paint a rosy picture of peak cheap oil. The reality is an economy which can no longer grow its way out of its problems.
Production flows from a given oil field naturally decline over time, but we keep trying harder and technology keeps improving. Which force is winning the race?
Understanding how we use oil and where it comes from provides many reasons why Americans should be worried about the future of oil supplies.
The story of America’s new energy abundance has been accepted uncritically by too many people.
A weekly review including: Oil and the Global Economy, The Middle East & North Africa, Russia, Quote of the Week, The Briefs
The seemingly ever growing oil production is deceiving. The process of peaking is happening right under the growth curve. One has only to look for it
The news media continue to chant that “peak oil is dead” and see the U.S. shale oil miracle as a sustainable turn of events, not a term-limited booster.
With diminishing returns, the economy is, in effect, becoming less and less efficient, instead of becoming more and more efficient.
Given the ethnic turmoil in Iraq triggered by ISIL’s recent seizure of towns in Iraq’s North and West it is uncertain how this will impact on oil production in the Shia controlled South, from where the bulk of Iraq’s oil exports come from.