Energy – Dec 23
– CERA’s Yergin: US gas demand should fall for good after ’06 peak
– The Global Oil Diet: a graphic view
– Subsidy Cuts in Iran
– Iran Stops Fuel Delivery, Afghanistan Says, and Prices Are Rising
– CERA’s Yergin: US gas demand should fall for good after ’06 peak
– The Global Oil Diet: a graphic view
– Subsidy Cuts in Iran
– Iran Stops Fuel Delivery, Afghanistan Says, and Prices Are Rising
The current American food system can be expected to unravel as the limits to growth begin closing in. Somewhere between the gourmet notions that dominate too much of today’s “slow food” and the mass-produced product that passes for fast food, a new incarnation of traditional working class cuisine is waiting to be born.
But this post-peak oil revolution in expectations will not begin with any of our mainstream political parties, nor even according to familiar political values. With only minor differences about how the spoils of the oil age might be dispersed, cutting across political lines is the master-belief that if we have the right to anything we can afford. Whether liberal or conservative, progressive or reactionary, nearly all inhabitants of North Atlantic democracies lavish themselves with as much of the looted splendor of the age of cheap energy as they can seize. There is so little room outside of this hegemony of entitlement that this marginal space, until now perhaps, has been reserved only for an impractical fringe unaware of the democratic needs of a mass-society in the industrialized world.
If we look at a graph of historical world oil production, we see a somewhat bumpy production pattern with two major price spikes (in 2009 $)–one peaking in 1981 and one peaking in 2008. The first spike in prices occurred when Persian Gulf production dropped starting in 1980, so seems to be oil supply related. The second spike occurred when world oil production would not rise above a bumpy plateau, despite rising demand, in the 2005 to 2008 period. In this post, I will show some breakdowns that I think give a little insight into our current situation.
Christmas comes but once a year and its excesses pack a crippling punch. Then there’s all those “so what’s new in your world” conversations. Bringing up peak oil feels tricky. How to cope? Let me count the ways…
We all remember the oil price run-up (and run back down) of 2008. Now, with prices similar to where they were in the fall of 2007, the question quite naturally arises as to whether we are headed for another similar scenario.
How do ‘developing’ countries prioritise energy goals? How should they in the face of climate change? These countries, with per capita energy consumption and CO2 emissions which average one-sixth those of the ‘industrialised’ world, are not primarily responsible for climate deterioration, but on the other hand they are the most vulnerable to climate change impacts because, says the United Nations Framework Convention on Climate Change (UNFCCC) they have fewer resources to adapt – socially, technologically and financially.
For the majority of the populations in these countries climate change issue is not a priority concern compared with problems of poverty, natural resource management, energy and livelihood needs.
A midweek roundup of peak oil news, including:
-Developments this week
-China
-Using Waste, Swedish City Cuts Its Fossil Fuel Use
-Africa mulls biofuels as land grab fears grow
-Biomass – a burning issue
-EU plans to tackle unwanted impacts of biofuels
-Cornell to develop algal biofuels
I’m starting to think that the oil markets in 2010 are just a more chaotic version of the markets as they were in 2007. You will recall that in 2007 oil the price was rising, demand was outstripping supply, OPEC said the markets were well-supplied, and would not raise output quotas and the Venezuelans were saying $100/barrel was a fair price for oil. Most of this has happened just in the past week.
A weekly roundup of peak oil news, including:
-Oil and the global economy
-The IEA’s Oil Market Report
-Forecasts
-US gasoline prices
-Managing China’s Economy
-Quote of the Week
-Briefs
– End of consumerism
– Peak oil novel: “Player One: What is to Become of Us”
– Carbon-Neutral Sail-Powered Cargo Ships Scheduled to Return to European Waters in 2012
– Leaked document shows EPA allowed bee-toxic pesticide despite own scientists’ red flags