OPEC will never run out of oil

Through an accident of plate tectonics and other developments over geological time, most of the world’s remaining recoverable oil is situated around the Persian Gulf. This is unfortunate for us because we will thus never have a reasonable, universally agreed-upon estimate of the amount of oil left to produce. Let me explain.

Uttering the “C” word

Authors from three politically disparate think tanks—American Enterprise Institute, Brookings, and Breakthrough Institute— recently published a report on how to foster deployment of clean energy technology. Most worrying (though least surprising) is the authors’ belief that clean energy innovation breakthroughs can drive continued economic growth. Conservation is not something most environmental think-tanks or NGOs (not to mention the likes of American Enterprise Institute) want to discuss, but I dare say it will have a much bigger role in our energy future than "innovative, small-scale nuclear reactors."

ODAC Newsletter – Oct 22

After weeks of prediction and build up, this was finally the week of the UK government spending review statement. With the government insisting that it will be the greenest ever there was much anticipation of how the Department of Energy and Climate Change would fare in the review…

ASPO-USA Conference, final thoughts

The remark that sticks most in my mind, as I look back on this year’s ASPO-USA Conference was one that I believe totally missed the underlying Conference message. It was Ralph Nader, the speaker at the final luncheon, who trying to encourage action, noted the likelihood of our still debating the same topic at the meeting ten or fifteen years from now. The chances of the happening are slim to none. If by that time there has not been an oil peak, with all its subsequent impacts, the Association will have lost any claim to be able to predict reality, and likely will no longer be having meetings.

Vaclav Smil’s “Energy Myths and Realities” – A review

Smil is well-respected in the world of energy, so I think it is worthwhile looking at what he has to say about peak oil, because it may give us some insights as to where our thinking needs to be refined, or better explained, if it is to be understood by the “mainstream”.

The 2010 ASPO conference: national security aspects

We have seen a surge of interest and concern from military analysts on the issue of future oil supply, especially during the past five years. Unfortunately, there is very little evidence of concern about peak oil (and therefore no action) from civilian authorities, despite the accelerating trends and increasing warnings from credible military researchers.