Arctic oil

Peak oil review – August 4

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An executive summary of weekly news from a US peak oil perspective, featuring:
– Production and Prices
– Iran
– Nigeria
– China
– In the Congress
– Energy Briefs

Lifting Drilling Moratoriums–One Important Step to Control Oil Imports

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Congressional leaders use the sound bite, “We can’t drill our way out of this oil mess.” Of course; who ever claimed we could? But we can’t conserve our way out either. Reducing demand is a long-term process; “evolution” may be a more accurate term. Tightening CAFE standards will ease demand, but the benefit would be spread over many years. For long-term reduction, we would have to overhaul our daily travel patterns through societal lifestyle changes while we restructure our cities and suburbs. Such fundamental changes will take a human generation or longer. It took decades for the car culture to evolve in the U.S. It will take that long to reverse it.

Peak oil – Oct 9

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How global warming will save us from peak oil
Did Katrina hide the real peak in world oil production?
Oil to soar above $90 next year says Bahraini expert
Consider the Costa lack of buses [and PO]
Peak Oil questions answered in Houston
Heinberg claims NZ too dependent on oil

Limits to growth and the Hedberg conference

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The Hedberg meeting brought together the world’s experts on the future oil supply. Unfortunately, no one from the peak oil research community was invited to attend. Representatives of government organizations, the world’s oil companies, consultancies and independent geologists shared their proprietary data to assess what our oil future is, and thereby examine the peak oil question. …The good news about the Hedberg conference results is the recognition of limits to growth in future oil production, a recognition that is absent in EIA forecasts.

Tensions around North Pole hydrocarbons raise the specter of new (bitter) Cold War.

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The technological problems of drafting arctic oil and gas into human service have not even been solved, the ecological fallout of this course of action hardly addressed, but already huge sums of money are committed for grabbing control and potential revenues.