Drill, baby…oops!
The news from the Gulf of Mexico oil spill is not good. If the NOAA estimates are right about the size of the spill it could dwarf Exxon Valdez…
The news from the Gulf of Mexico oil spill is not good. If the NOAA estimates are right about the size of the spill it could dwarf Exxon Valdez…
Here we go again. The tragic explosion on the Deepwater Horizon rig and subsequent oil spill has stirred up the usual offshore drilling debate in the United States. Apparently, the Halliburton people had just finished completing the well when something went terribly wrong. Such incidents are relatively rare, and it’s not known what the (over) reaction will be yet.
-Peak at the polls
-Saudi Arabia global oil exports to wane post-2010
-Drilling and spilling for all the oil that’s left
-Gulf oil spill ‘five times’ larger than estimated
-Flight disruptions in Europe a Foretaste for Period of Oil Decline
-The Imminent Crash Of Oil Supply: Be Afraid
-Peak oil predictions
Everyone should listen to this BBC report on the “price of biofuels.” It digs into a key question: what does Europe’s appetite for biodiesel mean for people and ecosystems in the countries that produce the feedstocks?
-Giant gravel batteries could make renewable energy more reliable
-Regulators Approve First Offshore Wind Farm in U.S.
-Colorado Shows How It’s Done
-Windmill Boom Curbs Electric Power Prices for RWE
In the first part of this series, I reviewed a series of reports from March supporting the peak oil view, and warning that world oil production very well may go into terminal decline by 2015 or sooner…On March 25 the U.S. Department of Energy (DoE) joined the officially worried, with a report in French newspaper Le Monde titled “Washington considers a decline of world oil production as of 2011.”
The World People’s Conference on Climate Change and the Rights of Mother Earth (CMPCC, for its Spanish acronym) ended on Thursday in Cochabamba and every airport I’ve stopped in (more than a few now) has been filled with people heading home with new energy, new direction, and excitement to get back to work. But before the movement moves on I want to share some last reflections that we’ll be taking forward.
A weekly roundup of peak oil news, including:
-Prices and production
-Iraq
-Iran
-Power shortages
-Quote of the week
-Briefs
Oil demand was down this week — as were most European flight schedules. The eruption of the Eyjafjallajokull volcano wrought further damage to the airline industry,which is already on its heels as a result of high fuel prices and recession…
Energy crisis imminent (2011): DOE refused to comment on its own hypothesis
– Will toe-to-heel air injection extend the Oil Age?
– Arctic oil drilling threatens Norway government
– Playing with Peak Oil awareness (video game)
– The energy policy morass (conservatives recognize peak oil)
Renewables have been growing as inside a bottle so far; a bottle made of disbelief, red tape and not enough financing. It is time for a little satori in renewable energy. Renewables can hold on their own with new and more efficient technologies, in particular the CdTe thin film version which may have an EROEI of 40. With such EROEIs, we can start thinking of renewable energy as abundant and cheap.
-Ritter OKs bill on natural-gas power plants
-Three themes emerge from Algeria’s gas exporters’ meeting
-Gas exporters push for prices to be linked to crude
-A contrarian makes another call – this time, natural gas
-UK natural gas storage: The politics, and the pundits