How Much Oil Does the World Produce?
In the first installment of this series, I took a look at U.S. and global oil reserves according to the 2012 BP Statistical Review of World Energy. Today, I want to examine oil production statistics since 1965.
Fossil Fuels
Oil, wherever we can find it – July 10
– Norway: A Political Risk Lesson For Oil (oil workers strike, prices rise)
– Are Natural Gas Liquids as Good as Oil?
– „Das ganze Land in Gebrauch nehmen“ – Norway plans to drill in the Arctic
Peak oil – July 10
– Peak Oil Reloaded (1/2)
– « Nier l’imminence du pic pétrolier est une erreur tragique », dit l’ancien expert pétrolier de l’AIE
– Nicole Foss: The Guardian Is Ignoring The Critical Paradox Of Peak Oil
– The world is oil rich so let’s all enjoy it while we are here
– How Many Years Of Oil Do We Have Left To Run Our Industrial Civilization, Keeping In Mind That Oil Is A Resource And Has An Economical End?
– Europa am Peak
– Le altre fossili, la sfida dello shale
Peak oil oppositional disorder: neurosis or psychosis?
What happens to individuals also happens to entire societies. Take a neurotic Peak Oil-denying industrial civilization, put it through a terrible global financial crisis, tell it that economic growth is over forever, and what you get a psychotic, delusional industrial civilization.
Shale gas – July 10
-Confirmed: Fracking can pollute [report]
-Shale gas drilling declines in Pennsylvania’s Marcellus region
-Drilling trucks have caused an estimated $2 billion in damage to Texas roads
Peak oil review – July 9
A weekly roundup of peak oil news, including:
-Oil and the global economy
-Economic growth
-The Iranian confrontation
-Quote of the week
-Briefs
Energy – July 8
– Debate over natural gas drilling now being waged at universities
– Guatemala farmers losing their land to Europe’s demand for biofuels
– Tax Billionaires, Carbon to Improve Prosperity, says UN
– Is Union Busting to Blame for Power Outages in D.C.?
– David Suzuki: Renewable Energy, Not Carbon Capture and Storage
How changing the definition of oil has deceived both policymakers and the public
Everyone knows that world oil production has been running between 88 and 89 million barrels per day (mbpd) this year because government, industry and media sources tell us so. As it turns out, what everyone knows is wrong.
It’s wrong not because the range quoted above can’t be found in official sources. It’s wrong because the numbers include things which are not oil such as natural gas plant liquids and biofuels. If you strip these other things out, then world oil production has been running around 75 mbpd this year.
Peak oil – July 7
– Jeremy Leggett: Monbiot says he was wrong on peak oil but the crisis is undeniable
– Peak Oil Reloaded
– Oil and Illusions
– ‘Unser Öl’: Warum unser Sprit nie wieder billig wird
– In the valley of the shadow of peak oil
– Civilization and the Price of Oil
ODAC Newsletter – July 6
For anyone watching peak oil this has been a busy week. The Harvard report by Leonardo Maugeri, covered in last week’s newsletter, has been seized upon by those waiting for a chance to consign peak oil to the dustbin of history. In Britain, columnist George Monbiot fell for it hook line and sinker, presenting the report as conclusive proof that peak oil is bunk – evidently without a moment’s critical appraisal…read on for exclusive analysis…
End of Growth Update: Blowing in the Wind
The social dimensions of the end of growth are coming into clearer focus with each passing month –from last year’s Occupy uprisings, to the recent NATO demonstrations in Chicago, to mass demonstrations in Spain, and on and on. Also clearer is the desperate strategy of the powerful, which consists primarily of the militarization of the police and the criminalization of dissent.
Must read: Investigation reveals true hazards of piping tar sands across America
America has a new word to learn: Dilbit. Dilbit, short for diluted bitumen, is a combination of tar sands crude (bitumen) and dangerous liquid chemicals like benzene (the dilutant) used to thin crude so it can be piped to refineries. And there is a lot of it being piped into America — in some cases through the backyards of communities that don’t even know it’s there.
