Pic pétrolier : deux vice-présidents de Total répondent à Oil Man

English summary: Total has agreed to present on my blog its scenario on world future oil production. No peak oil in sight according to Total, provided the industry puts on stream 45 Mb/d in the next 15 years. How can this tremendous task may be achieved ? Huge uncertainties remain in this unpublished scenario.

La direction du groupe Total a accepté de présenter ici son scénario sur l’avenir du pétrole. Selon elle, aucun déclin des extractions ne s’annonce à l’horizon… à condition de développer d’ici 15 ans l’équivalent de la moitié de la production mondiale actuelle ! Comment réussir pareil tour de force ? De vastes zones d’ombre subsistent dans ce scénario inédit. [excerpt]

Considerations of Chinese demand growth

There are many parts of the country where these interconnections and improvements to the infrastructure are still going on. As those changes occur, the increasing use of power-driven vehicles continues to rise, and with it the need for increased supply. The risk of exacerbating popular unrest if that change were to stop is just one reason why it is bound to continue, and with it China’s continued need for additional supplies of all forms of fossil fuels.

Running on empty: big airlines in big trouble

Most people living in our modern industrial society take air travel for granted. We think very little about hopping on a plane and travelling around the world for little more than a couple of weeks wages. As jet fuel prices bounce along with the price of crude however many airlines are increasingly struggling to break even. Fuel prices now account for 35 percent of operating costs compared to 15 percent a decade ago. The future of the global aviation industry is in big trouble.

Mother: Caring for 7 Billion (documentary film review)

The documentary takes a penetrating look at overpopulation, what fuels it and why the world has become complacent about the issue after making a good start in addressing it during the late 60s. The film dispels some key myths about overpopulation – chief among them the belief that it’s long been solved – even if it stops short of admitting the inevitability of a world population crash as the Earth’s resources deplete. And it conveys its message in an engaging, visually immersive style that finds just the right balance between hard facts and ordinary human involvement.

Comments on BP Statistical Review 2012

Digest: The BP Statistical Review has the merit of releasing every year free and convenient updated historical data on energy. This data is recopied from what is reported by national agencies, avoiding diplomatic conflicts. Despite the heterogeneity of the data, the report displays a ridiculous high number of digits, in contradiction with the real accuracy of the sources. The report wrongly adds unconventional to conventional reserves. BP ignores backdating, using obsolete reporting rules that lead to artificial reserve growth. Most economists believe this reserve growth to be the real, when in fact known Oil and Gas reserves peaked in 1980.