Energy dysfunction – April 21

– Oil sands investments by state-owned bank ‘not sound’, say UK greens
– Multinational fossil fuel firms use ‘biased’ study in massive lobbying push for gas
– Really Unpopular Complicated Expensive Technological Solutions For A Nonexistent Problem
– The Big Grab: 9-part series on the economic threats to Canadians posed by the Alberta oil sands

Alternatives to Nihilism, Part Two: Lead Us Away From Here

Among the sources of the pervasive cynicism of contemporary America, especially but not only displayed around energy issues, is the belief that the United States is a sham democracy controlled by a malign elite. It’s hard to think of a bit of conventional wisdom more widely held, on all sides of the political continuum, but like a great deal of today’s American credos, it deserves a hard second look, for there’s more going on here than meets the eye.

Energy – April 19

– Secret UK memos expose link between oil firms and invasion of Iraq
– NYT on Hyrdrofracking: Chemicals Were Injected Into Wells, Report Says
– Decision looms on Mekong River dam opposed by conservation groups
– Sasol’s Plan For North American Shale Gas: Turn It Into Diesel
– Big Coal’s Dirty Secret: Breakthrough New Study on Longwall Mining Regulatory Failure and Ruin in Pennsylvania

“Saudi’s slash oil output” … or did physics?

Does the Saudi oil minister’s statement that the oil market is oversupplied make any sense? Saudi production goes down in the face of rising demand, and prices skyrocket, and that shows the market is oversupplied? Wouldn’t prices have dropped drastically during that period if the market had been oversupplied?

Shale gas: the problem with EROEI

In monetary terms, shale gas seems to be a good deal. In EROEI (energy) terms it is probably less good but it may still provide a positive return. It is in environmental terms – in the so called “external costs” that shale gas is a disaster. It may be that society is reacting to scarcity in the wrong way by following a path that is perhaps easing the situation in the short term (getting more energy) but horribly worsening the problem in the medium/long term (global warming).